Fintech, B2C, Online Fulfilment, Mortgage Broker, Financial Services
An end-to-end online platform that matches consumers with home loans enabling online approval and fulfilment, addressing the multi-billion dollar Australian mortgage industry.
Lendi is a fast growing fintech company disrupting the multi-billion dollar mortgage industry. Founded in 2013 by David Hyman, Sebastian Watkins, Martin Lam and Mark Kalajzich, the company employs over 150 people across 4 Australian offices, and is headquartered in Sydney, Australia.
Lendi is changing the way Australians approach their home loan financing needs. It is Australia's first home loan platform that uses smart technology to match all types of home loan borrowers to the right lender and the right loan product, with approval granted in an easy online process. The business leverages its relationships with a panel of +30 lenders, which includes AMP, ANZ, Bank of Melbourne, Click Loans, Macquarie, St. George, Pepper, Suncorp Bank, Bankwest, Westpac, CommonwealthBank, ING Direct and NAB, and procures a suite of different loan types: Refinances, Debt Consolidation, New Purchases, Low Doc Home Loans, Self-Employed, Construction, Bad Credit and Renovation.
The revolutionary platform is supported by a team of Home Loan Specialists. Borrowers are empowered to find competitive rates, submit a home loan application, securely upload and verify documents, obtain approval and settle the loan - all online. This streamlined process takes the hassle of home loans out of the borrower's hands. Whilst Lendi is an online-based business, its Home Loan Specialists are real people based in real Australian cities, and are available to chat, talk, message or video call anytime.
Lendi guarantees complete transparency and bank level security.
Lendi has established itself as one of the fastest growing players in the mortgage space, through innovative use of data and execution technology. Funding from Bailador and other investors will provide a solid platform for the group to continue its rapid growth trajectory.
Click Loans is a proprietary, end-to-end online mortgage product offering Australians home loans for new purchases and refinances, and one of the loan products offered on the Lendi platform. Click Loans is backed by several of Australia’s largest financial institutions.
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Open source data platform firm Instaclustr has closed a $7m investment round led by Bailador Technology Investments, the firm founded by ex-Fairfax chief David Kirk.
Paul Smith in the Australian Financial Review interviews Grant Straker of Straker Translations about their recent acquisitions and plans for a 2017 ASX IPO.
Bailador is holding its Annual General Meeting on Thursday 13 October at 11:00am at the offices of Hall Chadwick at Level 40, 2 Park Street Sydney.
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