DirectMoney combines retail investment and lending services in a unified service platform. It enables investors to directly invest in personal loans via a regulated investment product. Investors buy units in the DirectMoney Personal Loan Income Fund. Successful borrowers enter into loan contracts managed by DirectMoney. Borrower interest is paidto investors after deducting of loan losses and management fees. Borrowers with good credit and employment history will be offered rates that are priced according to their credit rating. This is an innovation in the Australian market where lenders usually offer only one rate based on a single credit grade.DirectMoney is positioned at the at the regulated mainstream end of the peer-to-peer (P2P) lending industry.

FinTech

Lending

Marketing

Wisr

This department focuses on designing, building, and maintaining software applications and systems.

Software Development

This department focuses on identifying new business opportunities, building relationships, and driving growth strategies.

Business Development

This department assesses and manages the risk associated with credit operations and decisions.

Credit Risk Management

This department oversees the development and strategy of products, ensuring alignment with market needs and business objectives.

Product Management

This department focuses on managing and optimizing lending products, credit risk, and customer support.

Lending Operations

This department focuses on the design, construction, and maintenance of data systems and architecture to ensure effective data management and analytics.

People (7)

Jobs (0)

Other teams

Business Development

Credit Risk Management

Product Management

Lending Operations

Data Engineering