Brokers

May
24

Neobank reimagines broker experience

86 400’s Melissa Christy explained, “The focus has been on doing something really different in the broker space that’s just not there at the moment.”

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
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Apr
12

HashChing outlines new funding plans

The COO of digital mortgage marketplace HashChing has revealed the company is repeating last year’s fundraising exercise after failing to achieve its $5m target. Last May, HashChing attempted to use equity crowdfunding space Equitise to raise $5m in a month and a half. Interested investors could back the fintech for as little as $250. However, [...]
By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Mortgage
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Mar
13

AI-driven lending platform won’t be the end for brokers

A new Artificial Intelligence-powered lending platform won’t be the end of human loan brokers, the technology’s creators say, because a broker’s ability to understand the intricacies of the application cannot be replicated by a machine. That’s the explanation given by Challis Capital Partners managing director Bill Salouris and Global Capital Commercial sales director Andrew West, […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Dec
17

Lender looks to triple growth through broker channel

A marketplace lender has surpassed its target for loan origination through the broker channel, and is aiming to triple growth through the third-party channel in the next year. Speaking to The Adviser, the CEO of personal loan provider SocietyOne, Mark Jones, reflected on the success of the brand over the 2018 calendar year, particularly referencing […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Dec
11

CashDeck app Wealth Desk is a game changer for mortgage brokers

CashDeck have released their Financial Fitness Tracker app called Wealth Desk for Apple and Android and it’s set to be a game changer for the 65% of mortgage brokers who find marketing and lead generation a challenge. The app is a simple tool that helps clients prepare for the lending process. But, for the broker, […]

By Australian FinTech | FinTech . Mortgage
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Nov
29

Digitisation of loan variations ‘more important than ever’

The renewed focus on responsible lending has brought into focus the need for lenders to digitise the loan variation process for brokers, a technology sales director has said. Speaking to Mortgage Business, NextGen.Net’s sale director Tony Carn said that more lenders needed to focus on offering digital loan variations in order to “empower brokers to […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Oct
11

Open banking could make expense checks easier for brokers

Brokers will be one of the many beneficiaries of the comprehensive credit reporting and open banking regimes, according to mortgage industry executives. Stephen Moore, CEO of Choice, believes brokers will significantly benefit from the mandatory comprehensive credit reporting (CCR) regime — which is yet to be legislated despite the government imposing a deadline on the major banks to […]

By Reposted by Australian FinTech | Banking . FinTech
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Oct
02

Citi tapped to raise for online broker ahead of IPO

There’s never a dull moment in the emerging fintech sector. Street Talk can reveal online trading broker ThinkMarkets has hired investment bank Citi to oversee a second pre-initial public offering funding round, which is expected to value the company at more than $100 million. Sources said Citi will seek to raise $20 million to $30 million from […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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