Lending
SocietyOne announces warehouse facility, weighs IPO
With originations climbing to almost $1 billion, consumer marketplace lender SocietyOne has established a new warehouse facility and completed a multimillion-dollar equity raise.
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Fintech lending to hit $390b value
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.
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Klarna makes Aus debut, CBA invests $298.7m
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.
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Wisr secures $33.5 capital raise
Peer-to-peer lender Wisr has closed a $33.5 million raise, with plans to accelerate growth.
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Fintech lender gives $50,000 to bushfire relief
Specialist SME lender Finstro has donated $50,000 to the Australian Red Cross via the Broker Bushfire Appeal.
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