Banks should partner with fintechs on SME loans: Lumi
Unsecured lender Lumi is calling on government and the banking community to partner with fintechs on SME loans.
New credit report provider launches in Australia
A new credit report provider has launched in Australia providing users with free credit scores and reports and a marketplace for loans and credit cards.
Wefund launches fast, transparent, and secure development finance platform
Wefund announce the launch of their unique, development finance platform, which gives property developers quicker access to multiple non-bank lenders.
Moneytech launches integrated equipment import finance facility, combining trade finance, FX and equipment finance
Moneytech launches a new equipment import finance facility, seamlessly integrating payments via trade finance, FX and equipment finance into one transaction
Harmoney completes $115m debt securitisation warehouse facility
Harmoney, an established Australia and New Zealand-based consumer finance fintech, has secured its first debt securitisation warehouse facility in Australia
Prospa reached $1.4 billion in loans originated
Prospa’s total originated loans came in around AU$1.4 billion and have been delivered to nearly 27,000 businesses since it was founded in December 2012.
Smartbank 86 400 passes on full rate cut on home loans
Australia’s first smartbank 86 400, has passed on the RBA’s full 0.25% p.a. rate cut to new and existing owner-occupied and investment home loan customers.
The top 5 factors that affect your ability to secure funding
Have you have ever been turned down for a loan or been unsuccessful when trying to secure funding? Here are the 5 Cs to getting credit approved.