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New lender joins aggregator panel

by Annie Kane8 minute read
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A marketplace neo-lender has joined the panel of a recently rebranded asset finance services partner.

Asset finance services partner Platform Finance has welcomed a marketplace neo-lender to its consumer lending panel.

ASX-listed lender Wisr (formerly known as DirectMoney) has joined one of Australia’s largest finance broker communities.

Asset finance services partner Platform Finance, part of the Consolidated Operations Group, has signed Wisr to its consumer lending panel so that its brokers can offer the marketplace lender’s unsecured personal loans (of up to $50,000 and with maturities of up to five years) to their clients.

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Peter Beaumont, head of growth at Wisr, said: “We are extremely pleased to be working with Platform Finance. We aim to help their brokers create new business streams while providing a smarter, fairer, wiser deal for their customers.”

The lender’s growth is continuing, with a 49 per cent increase in the value of new loans written in 1QFY19 compared to the previous quarter.

The lender also recently joined the panel of aggregation company Connective.

[Related: Marketplace lender joins aggregator panel]

 

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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