Lender

Lending fintech Symple Loans has closed a $15-million Series D funding round that aims to “accelerate its profitable growth strategy” and be used for “targeted investments”.

Business credit demand has shown signs of recovery (driven by asset finance) as extended restrictions were lifted in Victoria, new research has shown.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

A Queensland-based lender is to acquire the super fund-owned lender ME Bank, as the two banks look to challenge the dominance of the big four.

Senate hearings into the repeal of responsible lending laws began on Friday, with concerns raised over the ramifications of removing ASIC’s oversight.

The Tasmanian lender has reported growth in applications and settlements in the six months to December 2020, reflecting a continuing market trend.

The non-major bank has announced that it is working with EY to develop its open banking platform.

Growth in home lending continues to pick up pace at the big four banks, with the latest stats showing a boom in applications and settlements across the board.

The director and chair of the Iress board is to step down later this year, with technology specialist Roger Sharp set to take up the position.

Digital lending and payments fintech WLTH has opened a $5-million seed funding round to grow its technology platforms and reach its lending goals.