Resimac launches mobile app

Non-bank lender Resimac has launched its new mobile app which is now available for customers to manage their loan repayments directly through the application.

Among a range of features, the app enables customers to change details such as daily transaction limits, loan repayments, and postal addresses.

The mobile application also allows customers to schedule one-off and recurring bill payments and transfer funds and gives customers access to e-statements and transaction history.

Customers will also be able to manage their Resimac Visa debit card, which is tied to the customer’s offset account, including activating and blocking a card and changing the card’s PIN.

According to Resimac, the release of the app “complements” the lender’s browser-based online platform, CustomerZone, which launched in 2021.

Chris Paterson, general manager of distribution at Resimac, said that customers have increasingly expected lenders to create a mobile app as a standard “value-add”.

Speaking on the app’s launch, Paterson stated: “We’re delighted to finally take the wraps off the Resimac mobile app after nearly two years of development.

“It’s just the latest example of Resimac’s commitment to continually improving our service offering and user experience for brokers and customers.”

Commenting on Resimac’s technological advancements, Paterson said: “We’ve made several significant changes to our technology stack over the last few years, including replacing our core application platforms and implementing a new digital loan origination system.

“The new mobile app is the latest major initiative we’ve delivered, and it opens up a number of exciting possibilities.”

The lender also revealed that it has plans to add a digital wallet to the app. Paterson said: “We’re already working on the next big feature upgrade, which is adding digital wallet functionality.”

The announcement comes as the asset finance arm of Resimac - Resimac Asset Finance - reached $1 billion in assets under management earlier this year.

[Related: Resimac reaches $1bn in asset finance AUM]