Lending

US-listed fintech lender OnDeck has announced that the former CFO of SocietyOne will soon join its ranks.

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Canadian fintech business Merchant Money Company has announced it has rebranded as Lendistry.

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Online home loan marketplace HashChing has built a digital identity verification system to satisfy know-your-customer regulations, which it will commence testing in December.

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The fintech lending sector will eventually be cannibalised by the activities of the major banks, argues PwC.

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Melbourne-based crowdfunding platform Vestabyte has made its first offering, a residential property development, available to all retail investors.

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