Founded by Managing Director Kim Cannon, Firstmac is a proudly Australian-owned and run company that has been leveraging technology for more than 41 years.
Sometimes referred to as a veteran fintech, Firstmac has a young company attitude. Firstmac is a challenger company that stays ahead of the big banks by using smart technology and highly-trained support staff based in a Brisbane call centre.
Firstmac is dedicated to bringing simple, affordable, competitive financial products to market, underpinned by a lengthy track record of success and a pedigree in prime residential home loans. They self-fund operations, having been a pioneer in the development of the Residential Mortgage-backed Securities (RMBS) market in Australia and have now issued more than $32 billion worth of RMBS to Australian and overseas institutions.
Firstmac manages more than $13 billion in mortgages and $300 million in cash investments.