Latest Loan Services News

Perpetual Limited is set to acquire a majority stake in loan servicing technology firm Interfi Systems, enhancing its Corporate Trust division’s digital capabilities while targeting a 15% reduction in gross debt by June 2026.

ColCap Financial Limited (ASX:TT6) reported a 16% rise in net profit to $72.2 million for FY2025, driven by a 15% expansion in its loan portfolio to $19.3 billion and a series of record Residential Mortgage-Backed Securities issuances.

Axtec Limited has sold its PaySure loan book to Real Flow and secured a minority stake in the fintech, marking a strategic shift towards a platform-focused, AI-driven distribution model.

Citigroup Global Markets Australia announces a partially franked $2.80 dividend for MQG CitiFirst Self-Funding Instalments, effective with an 18 November record date and ex-dividend trading from 17 November 2025. The dividend triggers adjustments to outstanding loan amounts across multiple instalment securities.

FSA Group Limited has raised its profit before tax guidance for the 2026 financial year, projecting a significant increase driven by loan growth and operational efficiencies.

Wisr Limited’s FY2025 results reveal a modest revenue decline alongside increased losses, with no dividends declared, highlighting ongoing challenges for the fintech lender.

Income Asset Management has sold its term deposit broking business to Perpetual Corporate Trust, streamlining operations and securing significant cost savings while ensuring client continuity.

Propell Holdings reports Q3 FY25 cash outflows alongside a strategic shift with a new ‘Low Doc’ credit model and confirms its upcoming ASX delisting.

Rent.com.au has successfully completed a $1.7 million entitlement issue, positioning itself to expand into loan funding under its RentBond brand while shoring up working capital.