Kogan.com has continued its expansion beyond electronics, partnering with Adelaide Bank and Pepper Group to offer home loan products.
Adelaide-founded fintech startup Tic:Toc, which has developed a digital home loan platform, has raised $11.5 million in a Series B round led by Genworth Australia and La Trobe Financial.
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 home loan marketplace HashChing reaches milestone of $1 billion in loans negotiated through its platform
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.