ssimpkins

Prospa lending surges despite lockdowns

The ASX-listed lender recorded $128.5 million in originations during the September quarter, falling from the previous quarter but rising by 61.8 per cent year-on-year.

LENDER • Tue, 26 Oct 2021

Prospa squares up against banks, expands SME loan

The ASX-listed lender has flagged a new “all-in-one” business account to launch next year alongside two loan products, as a challenge to banking solutions on the market

TECH • Thu, 21 Oct 2021

Zip Business growth squeezed by lockdowns

The business lending division of buy now, pay later provider Zip Co saw a dip in transaction volumes during the September quarter, as customers fell under COVID ...

GROWTH • Tue, 19 Oct 2021

MoneyMe to launch personal lending broker portal

The ASX-listed lender has declared that it will roll out a new portal for brokers, promising personal loan approvals in under 60 minutes.

BROKER • Mon, 18 Oct 2021

COG makes acquisition moves

COG Financial Services has grabbed larger stakes in Westlawn and Platform Finance, with plans to take full ownership across both companies.

AGGREGATOR • Sun, 17 Oct 2021

Teachers Mutual flags new bank’s broker launch

The group’s newly launched digital bank, Hiver, is looking to roll out loan products to the broker channel in the coming weeks.

BROKER • Wed, 13 Oct 2021

Brokers power Plenti’s 140% originations growth

The majority of loans Plenti wrote in the September quarter came through brokers, which saw the group’s book more than double year-on-year.

BROKER • Tue, 12 Oct 2021

2 in 3 SMEs trying new funding options: ScotPac

National research by the SME lender has shown a rising trend in businesses trialling new types of funding, with asset and equipment finance ranking among the options.

BORROWER • Sun, 10 Oct 2021

Brokers to access CDR data

The government has made changes to the open banking regime, including opening up consumer data to mortgage brokers.

BROKER • Tue, 05 Oct 2021