Displaying items by tag: Lending

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.

Australian banking group Westpac has announced that peer-to-peer lending platform SocietyOne is the second partner to join its new digital banking-as-a-service platform.

Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the “economic disruption” caused by the COVID-19 pandemic.

Australian executive employment has had its equal biggest fall in 12 months as banks continue to block business lending and economic growth sputters - but despite the plunge across other sectors, the IT sector was a “standout winner” for the month, following on from two months of sizeable falls, according to a new employment report.

New Zealand telecommunications retail service providers generated the highest number of complaints under the Fair Trading Act to the country’s competition regulator, The Commerce Commission.

Australian fintech and payment plan provider Payright has launched into the New Zealand market, in its first international venture.

Fintech businesses are continuing to see growth in demand for alternative funding sources, with marketplace lending offering an alternate source of funding for investors and borrowers, and crowd-sourced funding also offering a different form of capital raising for new and smaller companies.

Billing, contract terms, marketing and switching practices in the New Zealand telecommunications industry head the list of priority areas for the country’s competition regulator The Commerce Commission’s focus over the next 12 months.

TV is awash in ads offering loans because you’ve laminated your cat, swallowed a trumpet or turn into a zombie ghost on holiday, but should you resist temptation?

Australia’s fastest growing technology company has been named: Prospa, which bills itself as Australia’s leading online small business lender.

Online lender zipMoney has secured a $100 million loan from US asset manager Victory Park Capital and will use the funding to expand and offer ‘buy now pay later’ financing to customers of the major retail chains.

Melbourne-based small business finance lender Moula has announced the integration of further data sources as it continues its growth into traditional lending in a move which it says empowers greater access to funds for every SME in Australia.