Fintech company Uno Home Loans has announced the raising of $25 million in funding from strategic backer Westpac, and kicked off the search for a new CEO.
How Mandeep Sodhi went from a failed business to launching HashChing, a fintech that has received more than $12 billion in home loan applications.
TicToc is able to approve a loan in just 22 minutes through a ‘digital decisioning system’ that can approve a customer’s online application almost in real time, with no need for input or assessment from a human.
NAB’s digital-only banking service UBank has launched RoboChat, an AI assistant designed to guide homebuyers through the home loan application process.
Sydney’s leading loan bidding platform LoanDolphin has reached a significant milestone and has announced it has exceeded $100 million in home loan auctions. The fintech startup has already seen customers save over $130,000 on a $500,000 home loan over 30 years.
Sydney’s home loan marketplace, HashChing has reached a $1 billion loan milestone as the fintech space builds momentum. The announcement was made at yesterday’s H2 Venture Fintech Expo that saw a range of fintech startups graduating from the accelerator program.
Sydney fintech startup zipMoney has announced an oversubscribed placement of $20.6 million to institutional and sophisticated investors. The placement is part of zipMoney’s funding plan to further expand its product offering, rollout new payments product zipPay and acquire personal finance management software, Pocketbook.
There are various types of startups in the world. There are the quirky ones that try to make us smile, those that quell boredom, startups that aim to make us healthier, those who want to get us organised and work better, and those that try to change the way big institutions work. Brisbane startup dfinanz aims to be the latter.