British fintech aims to ride virus tailwind into Australia
British fintech OakNorth, a business lender and provider of credit-risk assessment tech, has just opened an office in Sydney.
Tradeplus24 taps BDO Corporate Finance for growth equity hunt
Tradeplus24 has hired corporate finance consultants from BDO Corporate Finance to help the company secure $5 million in growth funding.
Prospa achieves clean sweep at MFAA State Excellence Awards, third year running
Prospa, Australia’s number one online lender to small business, celebrates a clean sweep at the MFAA State Excellence Awards for the third year running.
Prospa reports strong Q3 but Q4 hard hit by COVID
SME lender Prospa has reported “solid” performance in the March quarter, but revealed it was “materially impacted” by COVID-19.
Q2 Cloud Lending helps GetCapital accelerate loans to Small and Medium Enterprises affected by Coronavirus
The Q2 Cloud Lending solution is focused on streamlining and digitising the loan process and can be set up and running within a week.
SME stimulus not the answer, says lender
An SME lender has claimed that it is cash flow, not further stimulus, which is the key to economic recovery for Australia’s small businesses.
Lend expands partner panel
Small-business lending platform Lend has expanded its panel of partners, as the fintech looks to help brokers service the needs of Australian SMEs.
ScotPac and CML merger off the table
Scottish Pacific will pay $1 million in costs to debtor finance specialist CML Group after the two parties agreed to terminate their potential merger.
