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  • Digital Banks and Neobanks in Australia explained, what are they?

    The Australian banking industry is rapidly changing and 2020 is shaping up as a big year for digital banks and Neobanks which will provide Australians with an alternative option for their banking services to the Big Four - NAB, Commonwealth Bank, ANZ and Westpac.  With the terms ‘Digital Bank’ and ‘Neobank’ becoming increasingly popular, belowRead More
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  • Australians continue seeking alternative to banks as Wisr loans surge 36% in Q2

    With scandals having rocked the banking sector over the past 12 months, Australia’s first neo-lender Wisr (ASX: WZR) has seen major growth in its loan growth, reporting an increase of $31.6 million in loan origination, an increase of 36% compared to the previous quarter and bringing total loan origination to $163.8m.  The milestone continues aRead More
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  • NAB partners with microfinance Fintech, Wisr

    Australian Fintech firm Wisr (ASX: WZR) has received a major boost in market confidence after securing $50 million in funding from NAB to increase debt capacity for ethical microfinance facilities.  The 2-year partnership will see NAB provide an initial $50m debt warehouse program with the potential to increase to $200m.  “This is an incredible resultRead More
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