Business Daily Media

Neo-financial services platform WLTH

  • Written by Media Release


Digital lending and payments provider WLTH has announced its official launch, in an effort to refresh the financial services industry in Australia. The company will launch with high ambitions for the market, with growth projections of $1.23 billion worth of residential and commercial loans by the end of FY22.

 

With a focus on technology, loyalty and sustainability, WLTH is designed to provide Australians with a reimagined approach to flexible residential, SMSF and commercial lending solutions, to begin with, before entering into the digital payments sector in 2021.

 

The company enters the market with its flagship ‘Lending Loop’ platform, which takes customers through a simple five-step digital application process to safely and effectively apply for a low rate, hassle-free property loan or to refinance an existing loan.

 

Founded in Brisbane in 2019 by serial entrepreneurs Brodie Haupt, Drew Haupt, Darren Hodgkin and John Kerr, WLTH will bring to market a suite of tech-centric products, including commercial and residential lending, feature laden transactional accounts, a powerful payments app, a high value loyalty system and a pipeline, including a myriad of further fintech solutions.

 

Co-founder of WLTH, Brodie Haupt said the company was born out of a need to create improved and higher value financial experiences, which had been long dominated by slow-moving banks and inefficient business systems. 

 

“For too long Australians have had to jump through hoops in order to secure a loan, whether it be for personal or business purposes. With tenuous paper centric application processes and a lack of user-friendly tech products to manage and interact with their financial institution, we strongly believe WLTH is in a unique position to bring an improved and higher value experience to market.

 

“For this reason, we don’t call ourselves a bank. Our competitive differentiation lies in being able to provide financial services that meet the needs of Australians, without the bureaucracy, limitations and legacy systems of the Big 4,” Haupt continued. 

 

“To simplify the process, WLTH is invested in the acquisition and development of our own native technology solutions to ensure the company continuously brings world-class fintech solutions to Australians.”

 

Managing Director of Gleeson Quantity Surveyors, Zac Gleeson said: “It was great to be involved in the beta testing round prior to WLTH’s official launch. We found that WLTH’s lending loop platform was such an efficient process, and we were excited to see the power of its technology first-hand.”

 

ABOUT WLTH LEND:

 

WLTH will explode into the market with a launch offer variable loan product for owner occupied residential properties with a market leading interest rate of 2.09 per cent  (comparison rate of 2.15 per cent) for new purchases and refinances. 

 

WLTH has reimagined the approach to solution based lending with its competitive, property secured loans via the "Lending Loop" digital application platform.

 

The platform takes customers through a five-step, low-rate, hassle-free process in order to safely and effectively apply for a residential or commercial property loan on a new purchase or to refinance an existing loan, in about the same time as having a cup of coffee.

 

Australians can apply for loans online, as well as gain access to dedicated lending specialists and/or Business Support Managers.

 

For more information visit www.wlth.com 


WLTH is a digital lending and payments provider on a mission to refresh the financial services industry in Australia, with a focus on technology and sustainability.


Founded in Brisbane in 2019 by serial entrepreneurs Brodie Haupt, Drew Haupt, Darren Hodgkin and John Kerr, WLTH will bring to market a suite of tech-centric products, including commercial and residential lending, feature laden transactional accounts, a powerful payments app, a high value loyalty system and a pipeline, including a myriad of further fintech solutions.


WLTH’s core offering provides Australians with a reimagined approach to flexible residential, SMSF and commercial lending solutions through a simple five-step, low-rate, hassle-free digital application process.

WLTH currently has offices in Brisbane and Sydney, with rapid national expansion plans. The company has been entirely self-funded to date, with intent to open its introductory seed round of investment on 18.12.2020.

Business Daily Media Business Development

How Microsoft's Activision Blizzard takeover will drive metaverse gaming into the mass market

Ready Player 1,000,000,0001?Sergey NivensMicrosoft was positioning itself as one of the pioneers of the metaverse even before its US$75 billion deal to buy online gaming giant Activision Bli...

Theo Tzanidis, Senior Lecturer in Digital Marketing, University of the West of Scotland - avatar Theo Tzanidis, Senior Lecturer in Digital Marketing, University of the West of Scotland

Some of the super-rich want to pay more tax – but society cannot afford to depend on them

Shutterstock/PilgujDemands for the super wealthy to pay more taxes are not new. But they don’t usually come from billionaires or millionaires.Yet on January 19 2022, around 100 of the ...

Peter Bloom, Professor of Management, University of Essex - avatar Peter Bloom, Professor of Management, University of Essex

A killer app for the metaverse? Fill it with AI avatars of ourselves – so we don't need to go there

Ready avatar one?Athitat ShinagowinBig numbers coming. Microsoft’s US$75 billion (£55 billion) acquisition of Activision Blizzard has landed – true to Call of Duty vernacul...

Alex Connock, Fellow at Said Business School, University of Oxford, University of Oxford - avatar Alex Connock, Fellow at Said Business School, University of Oxford, University of Oxford

Labelling Equipment; Prayers Have Been Heard and, Answered

If you are an instrumental part of a management team for a business that now requires labels for their products or goods, then traditionally you’d have had one of three choices, if the...

Business Daily Media - avatar Business Daily Media

Leading Australian Microsoft partner Satalyst acquired by Canon

Satalyst, one of the leading Microsoft cloud and security partners in Australia, has today announced that effective immediately it has been acquired by Canon Australia. Satalyst will joi...

Business Daily Media - avatar Business Daily Media

How Timeline Maker Helps Business Owners On Their Targets

With many businesses today, the challenge is to make the audience know what you are all about. You can never go wrong with a website or an online presence for it is one of the most effecti...

Business Daily Media - avatar Business Daily Media



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion