New aggregator launches to ‘shape the future’ of asset finance

Led by asset finance veteran Simon Gwynne (general manager, Viking Aggregation), the aggregator currently has accredited over 100 broker members and has more than 50 lenders on panel, including commercial asset and equipment finance, consumer lending, and SME finance.

The asset finance group was founded earlier this year after Nationwise identified that asset finance aggregation was “ripe for disruption”.

What Viking offers

According to the group, Viking Aggregation aims to deliver “game-changing technology, resources, favourable commercials, bespoke products, and fair agreements” to help facilitate the growth and expansion of its broker partners.

It has partnered with YOUx to introduce a bespoke platform Matrix, an asset finance management system built specifically for asset finance brokers that aims to drive more qualified leads, increase revenue streams, and securely write more loans.

The technology utilises artificial intelligence (AI) product matching, single touch payroll income validation, and a range of features to streamline broker workflows and pipeline management and ease administrative burdens.

Viking Aggregation said it pays 100 per cent of upfront commissions and broker origination fees, with zero notice periods or lock-in agreements. Instead, it offers brokers “bespoke plans” and “competitive” platform fees per month per user.

Training and mentoring are also provided – with the aggregator set to run a Viking Broker Academy to raise professional standards through training, coaching, mentoring, and professional development programs, in partnership with the Institute of Strategic Management.

‘Viking spirit is the key to success’

Speaking to The Adviser about the launch, Mr Gwynne said: “We are excited to introduce Viking Aggregation to the Australian and New Zealand markets.

“Our aim is to equip brokers with the best tools, resources, and support, fostering mutual growth. We strive to be the premier asset finance aggregator in the region. As we shape the future of asset finance, we promote growth for our partners and success for their clients. In a rapidly evolving industry, Viking Aggregation leads the way, prepared to adapt and innovate for the benefit of all.”

The aggregator noted that its name was inspired by the “fearless Viking archetype”.

As such, Viking Aggregation was named to reflect the “bravery, personal power, honesty, and experimentation” that the brand is built on, as well as its intention to “explore [uncharted] territories” and create an aggregator that has “a strong emphasis on tribe and community”.

Working alongside the executive team at Nationwise Group (including founder and managing director Graham Crouch, group chief executive Gus Kininmont, chief operating officer Rob Ryan, and general manager for strategy and growth Daniella Mancuso), Mr Gwynne will be supported by Lisa Doolan, Wade Collins and Ryan Medina.

The CEO of Nationwise Group, Mr Kininmont, commented: “As we launch Viking Aggregation, we’re not only introducing a new service, but also heralding a new era in asset finance.

“We believe in the power of innovation and collaboration to redefine the industry. Our commitment is to empower brokers with game-changing tools and resources that truly transform their operations. Moreover, we strive to cultivate enduring relationships based on mutual success.

“At Viking Aggregation, your achievements are our victories. We eagerly embark on this journey towards the future of asset finance, confident in our shared potential and united in our pursuit of excellence.”

[Related: The SME paradox]