Fintech lender Lumi targets $20M raise to fund aggressive expansion
Fintech lender Lumi announce A$20M capital to turbocharge growth and aggressively expand its team and market footprint over the course of the next 12 months
Butn’s Salesforce integration helps speed-up business financing
A new partnership with Salesforce will allow Butn to fund near-instantaneous supply chain and invoice financing transactions using customer data.
Farewell Skippr. Hello Earlypay!
Renaming Skippr to Earlypay brings the strengths of CML Group and Skippr together to help more Australian businesses flourish!
Credit Suisse-backed Tradeplus24 launches with AFG to access thousands of brokers nationally
Credit Suisse-backed Tradeplus24, a SME lending fintech, has joined the Australian Finance Group’s panel of specialist finance providers.
Xero is getting into business lending, buying Sydney financing startup Waddle for $80 million
Xero is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million.
SME lender acquires invoice finance platform
Skippr’s online invoice finance platform will combined into CML Group’s current Cashflow Finance and Classic Funding Group offerings.
Prospa wins MFAA National Fintech Lender of the Year three years in a row
Prospa has been named Fintech Lender of the Year for the third year in a row at the MFAA National Excellence Awards 2020.
Prospa reports improved demand from SMEs
The FY20 results for non-bank lender Prospa reveal that loan originations saw an uplift in June, following a quiet few months due to COVID-19.