Joust partners with Lendela to expand financial empowerment

In a strategic move aimed at revolutionising the world of personal loans and enhancing the financial journey of Australians, Joust, a leading online home loan marketplace, have announced its partnership with Lendela, a prominent player in the personal loan industry.

Joust is renowned for its innovative approach to home loans, utilising a transparent competitive process to connect borrowers with suitable lenders and brokers. Through Joust’s services, Australians have saved thousands of dollars by securing the most competitive home loan rates tailored to their individual profiles.

Lendela, on the other hand, operates a distinctive reverse auction model for personal loans, similar to the way Joust works. This unique approach ensures that consumers receive multiple loan offers with a single application, free of charge and devoid of concealed fees, making it easier for them to secure the personal loan they desire.

Carl Hammerschmidt, CEO of Joust said, “There is a lot of synergy between the Joust and Lendela platforms. With consumers frequently navigating between the home loan and personal loan journeys, this partnership adds tremendous value to both businesses’ services.”

Hammerschmidt added, “At Joust, we’ve always been at the forefront of innovation, and today, we’re thrilled to share that we’ve joined forces with the lending experts at Lendela to revolutionize the world of personal loans. Similar to Joust, Lendela operates on a unique reverse auction model – but for personal loans. This exciting partnership opens up a world of new possibilities for growth.”

Through this partnership, Joust and Lendela aim to simplify the lending process and empower even more Australians on their financial journey, extending their support beyond home loans.