Wisr surpasses $200 million in loan originations
Neo-lender Wisr has surpassed $200 million in loan originations. The milestone was reached with all Wisr employees working from home since mid-March 2020.
Prospa receives access to Federal Government’s SME Guarantee Scheme to support thousands of small businesses
The Federal SME Scheme is designed to support smaller businesses who are considered by the lender as being viable in the longer-term.
Neobank joins Buyers Choice lender panel
Australian neobank 86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.
New research: 4 in 5 businesses believe lenders will not deliver Government-backed loans in time
New research reveals businesses’ lack of confidence in lenders to deliver the new Government-backed loans in a timeframe that will guarantee their survival.
How non-bank lenders are pivoting amid COVID-19
The non-bank sector in Australia has been particularly hurting as wholesale funders and investors reduce their risk appetites.
Australian FinTech company profile #81 – Wefund
Wefund’s proprietary finance platform connects borrowers seeking fast, transparent, commercial and construction finance to accredited non-bank lenders.
Lending platform CEO: Banks must partner with new technologies to avoid delays in SME funds
Lend.com.au warns that banks must partner with new technologies like fast, AI-powered lending platforms to deliver the new Government-backed loans to SMEs.
Local ISV boosts upstart mortgage broker’s cloud skills
A local ISV Kablamo has helped new Australian mortgage broker uno plug the skills gap for cloud-based home loan comparison app.
