Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
P2P lender expands presence in third-party space
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

P2P lender expands presence in third-party space

choice aggregation ta choice aggregation ta
Reporter 1 minute read

A non-bank credit provider has been added to another aggregator’s panel of lenders.

Peer-to-peer lender RateSetter has announced its new partnership with Choice Aggregation Services (Choice), providing accredited brokers with access to the lender’s personal loan offerings.

Daniel Foggo, CEO of RateSetter, said that the partnership would enable Choice brokers to seize new opportunities in the personal lending space.   

“With RateSetter’s competitive personal loan offering, Choice brokers can unlock the potential of holistic client service,” he said.

“Versatile and affordable consumer finance should be core to a broker’s growth outlook and their clients’ financial wellbeing.

Advertisement
Advertisement

“RateSetter has an unstoppable momentum giving brokers the value they need to prosper, and [the] announcement cements the demand for RateSetter’s loan offering.”

Stephen Moore, CEO of Choice, added: “I am delighted to partner with RateSetter. Their innovative model and competitive rates for personal loans aligns with our strategy to deliver a strong panel of lenders who can meet the diverse needs of brokers and their customers.

“We believe the future for broking includes managing the broader finance needs of customers. This includes deepening existing relationships and helping to attract a broader range of new customers.”

Over the last 12 months, RateSetter has entered into partnerships with several aggregators, including Vow Financial and Loan Market, with plans to further increase its presence in the third-party space.

[Related: P2P lender drops car loan rates]

P2P lender expands presence in third-party space
choice aggregation ta
TheAdviser logo
choice aggregation ta
FROM THE WEB
more from the adviser
Financial system is ‘more resilient’ thanks to APRA, finds review

APRA’s “rigorous and effective” intervention and management...

Outlook strengthens for house prices and rents, finds NAB

While current property sentiment among property professionals rem...

Arrears to ‘stabilise’ in response to rate relief

Home loan delinquencies have declined and are expected to further...