finder fintech roundup: Sydney Startup Hub, SocietyOne, Finch, Tic:Toc
Stone & Chalk and Fishburners announce their relocation to the Sydney Startup Hub and new fintech Tic:Toc launches with a 22-minute home loan application.
Find out the latest announcements from Australia's fintech ecosystem.
Sydney's new startup hub set to be the largest in the southern hemisphere
The state-government-funded Sydney Startup Hub, due to open on York Street in late 2017, has gained two high-profile residents this week. Prominent startup hubs Fishburners and Stone & Chalk have both announced they will be taking up residence in the 11-floor building. Find out all the details here.
Tic:Toc's bold pitch: The world's first instant home loan
A new Australian startup is offering a new digital application process which it claims allows it to process a home loan application in 22 minutes. It's currently offering two home loans provided by Bendigo Bank and Adelaide Bank.
Australia's first P2P lender cracks $300 million loans in its fifth year
After being the first peer-to-peer lender to launch in Australia in 2012, SocietyOne has announced that it has surpassed $312 million in total loan originations. The company has also increased its loan book by $60 million over the past six months to $189 million and advanced over $100 million of new loans.
Finch: The new finance app for your social life
A new app has launched this week that aims to help Australian millennials manage the financial administration attached to their social life. Finch lets you pay friends and request money from them in seconds, run group tabs, track shared expenses and split bills.
finder fintech roundup is a summary of the news in fintech from the past week. Check back every Monday to catch up.