Business
SocietyOne follows Afterpay onto Westpac 10X platform – The Australian Financial Review
Westpac-backed lender SocietyOne is considering offering mortgages using the banking-as-a-service platform, showing a strategy diverging from Commonwealth Bank.
SocietyOne, one of the original fintech start-ups that venture capital fund Reinventure Group invested in back in 2014, is expected to pursue an ASX listing this year. Its shareholders include News Corp, Seven West Media, Australian Capital Equity and Consolidated Press Holdings, which have been helping drive customers to its website.
It has originated more than $1 billion in loans and has 75,000 customers, but more than half of the 80,000 customers that hit its website each month are seeking mortgage…
-
General23 hours agoCalifornia worker dead and hundreds arrested after cannabis farm raid
-
Noosa News22 hours agoUnlawful wounding charges, Caloundra – Sunshine Coast
-
Business14 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General16 hours agoFootballers and movie stars: PM’s Shanghai tourism push