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SME fintech closes $25m raise to fund expansion
by Annie Kane • 30 Jul 2021
An SME lender has raised $25 million in equity to fund the ‘rapid expansion’ of its Australian and European...
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Prospa boosted by business sentiment rise
by Sarah Simpkins • 26 Jul 2021
Prospa managed a personal best of $182.7 million in loan originations during the June quarter, with the business lender...
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Sherlok celebrates $1m milestone
by reporter • 26 Jul 2021
The repricing and refi tool for brokers has reportedly saved broker clients more than $1 million since launching in...
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Fintech calls for SME Recovery Loan Scheme extension
by Annie Kane • 23 Jul 2021
The non-bank lender is calling on government to extend its SME Recovery Loan Scheme given the ongoing lockdowns.
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Effi launches loan product search API
by Malavika Santhebennur • 22 Jul 2021
The mortgage broking fintech has unveiled a product search API to allow brokers to access product data on home loans...
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APRA urged to consider business loans in banking review
by Sarah Simpkins • 16 Jul 2021
The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in...
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Nodifi records rise in vehicle finance
by Reporter • 16 Jul 2021
Fintech platform Nodifi has seen an increase in car loans from the broker channel in the last quarter, but the group...
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Banks explain lagging turnarounds to Parliament
by Sarah Simpkins • 8 Jul 2021
Big four and non-major banks have given their reasons for delayed turnarounds for the broker channel, which vary from...
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Butn to go public
by Sarah Simpkins • 6 Jul 2021
Small business finance platform Butn is set to list on the ASX, in a $20 million IPO.
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Fintech secures $50m for developing business bank
by Sarah Simpkins • 28 Jun 2021
Australian fintech Zeller has gained a $50-million investment from a US venture capitalist, as it ventures to take on...
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