Lender

A consumer fintech has announced the launch of a $5 million capital raise to help fund its growth ambitions.

The chief lending officer of a credit provider has sought to refute the “myths” associated with non-bank lending amid concerns raised by financial regulators.

A US-based fintech has announced its partnership with Mastercard ahead of its launch in Australia in 2019.

A loans and deposits marketplace has announced that it has secured capital investment from Lakeba Group.

The decline in the banks’ risk appetite has been highlighted by the latest statistics from APRA, with low-deposit, low-doc and interest-only lending falling sharply.  

Stricter credit criteria imposed by the banks off the back of regulatory scrutiny has inhibited prospective home buyers from taking risks at auctions, according to ANZ Research.

The major bank has revealed that it will fork out an additional $220 million in costs associated with its mis-selling of insurance products, the demerger of its mortgage broking and wealth ...

APRA’s cap on interest-only lending served as a “convenient focal point” for the major banks to engage in “synchronised” mortgage pricing activity that undermined competition, the ACCC has ...

The newly established National Housing Finance and Investment Corporation has announced the appointment of its inaugural chief executive officer.

A bank has announced that it will no longer process home loan applications with loan-to-value ratios above 95 per cent in a bid to “rebalance its portfolio” amid strong demand for the ...