Briefs: BNK warehouse, Change launches BNPL platform 22 April 2021 5:52AM Banking Day staff Securitisation: RMBS, Debt capital markets, Consumer lending BNK Banking Corp has secured funding for a A$250 million residential mortgage warehouse – its first warehouse - and plans to start a securitisation program. One of the big banks is providing senior funding to Bullion Warehouse Trust No 1 and fund manager Blackstone is the mezzanine provider. BNK said the warehouse would give it funding stability and support its growth targets. Payments start-up Change Financial is the latest entrant into the buy now pay later market, announcing the launch of a BNPL platform that allows split payments direct to customers’ debit, prepaid or credit cards via the Mastercard or Visa network - thus avoiding the need for merchant POS system integration. Change Financial was last in the news when it acquired the Australian and New Zealand operations of failed payments company Wirecard.