DirectMoney Receives Institutional Funding for Marketplace Lending in Australia

DirectMoney, an online lender in Australia, has received institutional funding to help it continue originating loans for the next 12-24 months; the funding follows the appointment of new CEO, Anthony Nantes on October 5; full terms of the deal and details on the institutional partnership were not disclosed by the source and appear to be available only to the platform’s shareholders.  Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]