RateSetter Australia
RateSetter Australia toasts A$10.5m fundraising
September 25, 2017 | John Fitzsimons
A CAPITAL raising worth A$10.5m (£6.18m) has been completed by RateSetter Australia.
The investment round into RateSetter, which is now the largest peer-to-peer lender in Australia, was led by Five V Capital, with support from existing shareholders and other professional … Read More
Not just avocado toast! Younger Oz investors flocking to RateSetter
September 20, 2017 | Marc Shoffman
RATESETTER is proving popular down under with millennials – typically those born in the early 1980s up to the mid 1990s – leading to a surge of investment into the lender’s one-month rolling product.
Data from RateSetter’s Australian platform, launched … Read More
Car finance drives P2P growth in Australia
August 29, 2017 | Kathryn Gaw
CAR finance is one of the driving forces behind the growth of peer-to-peer lending among brokers in Australia.
According to new research from RateSetter’s Australian business, one fifth (20 per cent) of all broker-led loans on the platform are used … Read More
RateSetter Australia launches green loan marketplace
May 26, 2017 | Anna Brunetti
RATESETTER has launched Australia’s first green loan marketplace, with AUS$20m (£15.5m) of seed capital from the Clean Energy Finance Corporation (CEFC).
The move from the peer-to-peer platform, which it expects will attract “thousands” of investors and lay the groundwork for … Read More
RateSetter welcomes Australian banking reforms
May 9, 2017 | Suzie Neuwirth
RATESETTER’S Australian division has welcomed the country’s banking reforms unveiled in the Federal Budget on Tuesday.
Changes imposed in the major fiscal event include a bumper levy on the country’s biggest banks, an “open banking” scheme to give customers greater … Read More
RateSetter: Millennials are driving P2P growth in Australia
April 27, 2017 | Suzie Neuwirth
MILLENNIALS represent the largest retail investor group in the peer-to-peer lending market in Australia and will drive the sector’s growth, according to new research from RateSetter.
The London-headquartered P2P platform, which launched its Australian division to the public in 2014, … Read More
RateSetter Australia partners with mortgage aggregator Connective
March 7, 2017 | Suzie Neuwirth
RATESETTER Australia has partnered with mortgage aggregator Connective, to give more brokers access to its range of personal and business loan products in the country.
The UK-headquartered peer-to-peer lender, which set up its Australian subsidiary in 2014, said the … Read More
RateSetter’s Australia business reaches investor milestone
December 7, 2016 | Kathryn Gaw
RATESETTER’S Australian subsidiary has just hit a milestone of 5,000 investors and expects to double this figure over the next six months, as consumers eschew banks for alternative finance options.
The platform, which recently celebrated its two-year anniversary, is currently … Read More
