Nimo partners with LEXTECH to deliver first enquiry to settlement platform for lenders

Nimo partners with LEXTECH to deliver first enquiry to settlement platform for lenders

Melbourne fintech Nimo Industries has today announced its partnership with the law firm Purcell Partners to integrate their LEXTECH technology into the Nimo on-line lending platform to deliver a first in industry digital lending experience from enquiry to settlement.

Delivering an effective digital lending channel has become a business imperative during the COVID-19 pandemic, and a fixed price platform de-risks lenders from exposure to high setup and maintenance cost.

LEXTECH has extensive experience partnering with Credit Unions and Lenders, and the integration with NIMO will provide an unparalleled and integrated platform and deliver value to lenders from day one with very little startup costs.

Nimo CEO Peter Jones said, “The integration of the LEXTECH system is a joint partnership that delivers a market leading configurable, white-labeled solution that can be delivered to market immediately.”

Jack Meredith, Head of Operations at Purcell Partners added, “This partnership expands on our existing industry leading position built on over 20 years’ experience servicing the financial sector. With the Nimo partnership, LEXTECH now delivers a digital experience and capability from acquisition through to fulfillment.”

The Nimo and LEXTECH partnership provides a win for clients of both platforms, new market entrants, and the end customer.

“Arranging finance and settlement for a home loan has just become easier and less stressful for both customers and lenders, and we can do better for our customers by delivering more flexible interactions and reducing the stress in their daily lives,” said Jones.