With originations climbing to almost $1 billion, consumer marketplace lender SocietyOne has established a new warehouse facility and completed a multimillion-dollar equity raise.
Write comment (0 Comments)Demand for alternative lending is on the rise and fintech lenders are snapping up market share from their big bank competitors, according to a report from Learn Bonds.
Write comment (0 Comments)CBA has teamed up with Swiss buy now pay later (BNPL) provider Klarna to launch its Australian arm, giving the fintech a $298.7 million (US$200 million) boost.
Write comment (0 Comments)Peer-to-peer lender Wisr has closed a $33.5 million raise, with plans to accelerate growth.
Write comment (0 Comments)Specialist SME lender Finstro has donated $50,000 to the Australian Red Cross via the Broker Bushfire Appeal.
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