Follow RateSetter’s pace on transparency, and other ways fintech lenders can win bank share

"Small business owners seem largely unaware of who fintech lenders are and what they do. In a survey conducted by business banking research company East & Partners, business owners were asked “what companies do you think of first in the area of fintech?” Thirty-nine per cent of SMEs (turnover less than $20m) couldn’t think of anyone. Of those who could, the majority nominated cloud computing companies Xero and Quickbooks, EFTPOS providers Mint Payments and FX providers HiFX and OzForex." Read more

Neil Slonim BRW 8 Oct 2015