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.
Home lending fintechs have welcomed further guidelines for open banking but say they will be forced to use old methods of collecting customer data.
Tic:Toc’s customer-facing home-lending businesses has experienced an 85% assessment efficiency improvement while also maintaining credit quality.
Tic:Toc has today launched its first SaaS product – XAI Validate – built for lenders, brokers and fintechs to make accurate financial decisions, faster.
Funding.com.au announced today it has raised $3.7 million AUD in a Series A funding round from local venture capital fund Equity Venture Partners (EVP).