Valiant Finance
News & Analysis

Westpac’s VC fund Reinventure invests in business loan marketplace startup Valiant Finance

- June 14, 2016 3 MIN READ

Westpac’s VC fund Reinventure has invested in fintech startup Valiant Finance, a business loan marketplace that matches borrowers with lenders to provide SMEs with an alternative source of funding. This is the second round of funding for Valiant, with Westpac in the process of finalising the deal, following on from its first seed investment of $800,000, along with H2 Ventures and a range of angel investors.

Other

Melbourne FinTech startup MoneyPlace launches offering consumers up to $35,000 in peer-to-peer loans

- November 4, 2015 2 MIN READ

Melbourne FinTech startup MoneyPlace has launched after becoming just the second peer-to-peer money lender to attain a full licence from ASIC. The startup, founded by former NAB executive Stuart Stoyan last year, will provide unsecured consumer loans from $5000 to $35,000, with rates starting at 8.9 percent. The rates are determined through risk-based pricing, with loans offered by wholesale and retail investors.