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. The business was founded in 2013 by David Hyman, Sebastian Watkins, Martin Lam and Mark Kalajzich 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, Commonwealth Bank, 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.
Thursday 26 March 2020, Bailador announced it has paid its inaugural special fully franked dividend of 2.5c per share to shareholders.
Despite market conditions, the DRP was well supported with approximately 36.5% of existing shareholdings electing to take up their dividend in BTI shares. As a result, Bailador has secured an additional $2.8m in cash for new investments.
Click here to read the announcement
Tuesday 12 May 2020, Bailador has released its April 2020 NTA Statement and Shareholder Update.