Lender

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

The challenger bank for small and medium-sized businesses has completed settlement of its $284-million Round 4 capital raise, welcoming six new investors, including UniSuper.

Mortgage applications surged in the December quarter amid a slump in consumer credit applications, with WA the standout, according to data.

Envestnet | Yodlee has launched a new product that provides a real-time financial picture of a borrower in the hopes of helping lenders make “educated lending decisions”.

Auction clearance rates continued to climb last week, despite Melbourne being in lockdown, new figures show.

An anticipation of future claims outcomes stemming from the economic impacts of COVID-19 has seen the mortgage insurer’s underlying profit plummet by almost 190 per cent.

The non-bank lender has launched a residential SMSF loan product with both variable and fixed-rate options.

The major bank has launched a green loan pilot program to enable its customers to purchase and install renewable technology.

The non-major bank has announced the appointment of a non-executive director, effective in March.

Borrowers wishing to apply for a reissued First Home Loan Deposit Scheme place from 2019-20 must apply before 30 June, the NHFIC has revealed.