Moneytech expands offering with launch of online fintech small business loan facility
Leading business growth platform, Moneytech Limited, has launched a new online small business loan facility specifically designed for the micro SME segment.
Marketlend secures over A$200 million in funded capital
Marketlend secured over $200 million via a series of credit facilities from investors, including banks, credit funds and other institutional investors.
Moneytech gets onboard with SME support
Now that Moneytech has been approved as part of the government’s SME Guarantee Scheme, they can offer small businesses loans of up to $1m until 30 June 2021
More Australian fintechs focusing on lending
Australian fintechs focusing on lending has grown to 29% of all fintechs, up from 21% last year according to the EY FinTech Australia Census 2020.
Finstro joins SME Guarantee Scheme 2.0
Specialist SME business payments provider Finstro is now an approved lender in the Federal Government’s second phase of the Coronavirus SME Guarantee Scheme
Changes to the government’s SME lending scheme open the door to fintechs… but not all the way
Changes to the government’s COVID-19 SME lending guarantee have come into effect which could also open the door for more fintech lenders to get involved.
Capify closes A$14 Million equity round as well as continued support from Goldman Sachs Merchant Banking Division
Capify announce it has closed a A$14 million equity round with continued support from Goldman Sachs Merchant Banking Division.
The 2020 Finnies finalists have been announced
The 2020 Finnies finalists have been announced, recognising and rewarding the Australian FinTech community.
