Card payments company Square is set to roll out Square Loans in Australia, a program designed to help small businesses grow by giving them quick and simple access to funds.
Sydney-based payments provider Monoova is partnering with fintech lender Jacaranda Finance to deliver faster payments processing times, in a move designed to enable Jacaranda to deliver an improved loan experience to its customers.
Australian biggest customer-owned bank, Heritage Bank, has partnered with global information services company Experian to set up a loans origination platform that will reduce the loan processing time by up to 80%.
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