Australia's Neobank Volt to Acquire Neo-lending Platform Australian Mortgage

Australia’s first neobank
Volt has reportedly acquired neo-lending platform
Australian Mortgage, enabling it to provide “fully-verified” approval times of less than 15 minutes on its new digital mortgage product.
As mentioned in a release shared with CI:
“This is a material improvement compared to many larger lenders where it is common for unconditional approvals to take well over two weeks, particularly for customers introduced by brokers.”
Australian Mortgage’s “Intelligent Credit” solution will form an important part of Volt’s banking-as-a-service (BaaS) offering, and help to address the slow turnaround time for the ~60% of Australian mortgages being originated via brokers.

Related Keywords

Australia , Australian , Andrew Clouston , Kym Dalton , Australian Financial Group , Australian Mortgage , Mortgage Choice , Shore Financial , Volt Chief Customer , Partnerships Officer , ஆஸ்திரேலியா , ஆஸ்திரேலிய , கிம் டால்டன் , ஆஸ்திரேலிய நிதி குழு , ஆஸ்திரேலிய அடமானம் , அடமானம் தேர்வு , கரை நிதி , கூட்டாண்மை அதிகாரி ,