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NAB’s online-only banking subsidiary UBank has launched an artificial intelligence ‘chatbot’ for home loans called RoboChat.

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Tim Stewart

Westpac-backed venture capital fund Reinventure has participated in a seed funding round for debt management start-up InDebted.

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Marketplace lender SocietyOne has set a new record for marketplace lending, following steady growth in the first quarter.

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Shared from mortgagebusiness.com.ai

Banks will benefit from the increased competition brought to the Australian finance sector by innovative fintech start-ups, according to ANZ.

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Shared from mortgagebusiness.com.au

Queensland bank Auswide has announced it is increasing its equity stake in peer-to-peer lender MoneyPlace as part of its strategic focus to “significantly” grow its customer lending book.

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