54

Buy now pay later company Sezzle Inc will slash its North American workforce in a bid to improve the company’s cash position and “establish a path towards profitability”. read more

Only a few months ago, debt buyer Pioneer Credit was finalising its third recapitalisation in a difficult three-year period but yesterday it put all that behind it with the announcement of a deal to a.. read more

Australians are sceptical about the ESG claims their banks make and almost three-quarters would consider changing their banking and superannuation accounts to another provider if they found their fina.. read more

As the mortgage securitisation market picks up momentum in 2022, it is becoming clear that non-bank lenders will have to pay more for their funds and this may be reflected in loan pricing. read more

The Australian private debt market grew 21 per cent last year and now makes up more than 10 per cent of the overall corporate and business loan market, according to a new report. read more

ASIC will not proceed with a plan to extend the protections of the ePayments Code beyond individual consumers to small business, bowing to industry arguments that it would be a complex and costly chan.. read more

The Net-Zero Banking Alliance has responded to criticism by climate groups that the activities of its members are inconsistent with its policies. It says many of its members have only started their “d.. read more

Finance company Scotpac has acquired rival SME lender Business Fuel, in a deal that will give Scotpac the capability to offer business loans online for the first time. read more

MA Financial Group, which completed the acquisition of Finsure last month, is pushing further into the mortgage market, announcing that it has taken full ownership of residential mortgage lender MKM C.. read more

The rate of growth in new housing finance commitments is slowing as first home buyers drop out of an overheated market and other owner-occupiers take a more cautious approach, leaving investors to dri.. read more