Latest Ai Lending News

Beforepay Group reported a 17% rise in advances and an 18% increase in revenue for Q2 FY26, while profit fell sharply due to holiday-season defaults and strategic investments.

Peppermint Innovation Ltd reports strong quarterly progress with new payment functionalities live, a key merchant licence granted, and a strategic pivot toward AI-driven lending.

Beforepay Group has reported a record quarterly profit nearly doubling last year’s figure, driven by strong advances growth and strategic AI partnerships enhancing its lending platform.

Beforepay Group Limited reported a robust 74% jump in net profit for FY25, driven by stronger advance volumes, improved credit quality, and expanding user base. Its AI-powered lending division, Carrington Labs, accelerated growth with new clients and strategic partnerships.