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RateSetter Australia

Fintech
·Aug. 11, 2020

Top Fintech News Stories for August 11, 2020

Here are the most read news stories from our daily newsletter today: Community bank, fintech team up to serve gig-economy...
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Asia/PacNews RoundupOnline Lending
·Mar. 15, 2017

RateSetter Australia Appoints New Board Director from ING Direct

RateSetter Australia is one of the country's leading P2P lenders, introducing the first P2P lending platform in the country for retail investors in 2014; the company has announced a new addition to its Australian board of directors which serves separately from its parent company RateSetter UK; Vaughn Richtor will join the board bringing significant retail banking experience from his role as CEO of ING Direct; Richtor will help advise the company in key initiatives including improving alternative banking channels and growing market share in personal and business loans.  Source

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Asia/PacNews RoundupOnline Lending
·Aug. 28, 2017

RateSetter Australia Reporting Success from Intermediaries

RateSetter now has over 2,000 broker dealers supporting loan originations on its platform with loans from the intermediaries doubling approximately every six months; top reasons for the borrowing from this channel include vehicle loans, home improvement and debt consolidation; firm has also lent $150 million since its launch in 2014. Source

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