Credi begins international rollout
Ambitious Australian fintech Credi Pty Ltd has announced that, following what it called "exponential platform growth" in the loans and accounts it's been creating since its launch in April 2017, it is going international - or at least as far as New Zealand this time. Since the platform's launch in April 2017, Credi has seen almost 2,000 accounts created by Australians and documented A$35 million loans. This is an increase of approximately $5 million loans and 700 users in just one month since August 2017.Credi said it has "soft-launched" in New Zealand this month, with the "official go-live" date set for 23 October 2017. This launch into the New Zealand market marks Credi's first step in its planned global rollout, with the UK slated for November 2017, and a US pilot set for early in 2018. The expanding fintech has appointed former corporate and commercial banker Lara Dowdall as its chief operations officer Asia and Pacific, effective 12 October 2017. She has worked for Bankwest, Westpac and Bendigo Bank since 2009.