Australia based home loan startup has raised $15m in Series A financing from Macquarie, Square Peg Capital, Apex Capital, and Rice Warner.
Founded by ex-NAB bankers Nathan Walsh and Michael Starkey the platform aims to make home ownership “faster, cheaper, and less stressful”. “To create the best mortgage experience and savings benefits to borrowers and investors, we’ll bypass the banks to connect borrowers to superfund-backed loans at much lower rates,” said Walsh. “Australians don’t need more debt. We need help to pay off our home loans faster. In as little as 15 minutes online, a borrower can apply to refinance their mortgage and get conditionally approved at a great rate.”
https://www.businessinsider.com.au/an-australian-home-loan-startup-has-raised-15-million-2018-5