Lending

The close attention of ASIC that prompted Prospa to scuttle its IPO will ultimately work out well for the fintech small business lending sector, says ratings agency Moody's.

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Energy credit provider Brighte has raised $18.5 million in a series B funding round led by Airtree Ventures that included Mike Cannon-Brookes' Grok Ventures.

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The percentage of SMEs seeking funding from non-bank options has doubled since 2014, a new report has found.

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The fintech business lending sector has released a joint report with the small business ombudsman that makes the case for industry self-regulation.

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Reckon Loans, the collaboration between cloud accounting firm Reckon and fintech lender Prospa, has broken the $10 million barrier in its first 18 months.

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