Moneyplace Australia: Liberty buys MoneyPlace in personal loan push

Non-bank lender Liberty has purchased MoneyPlace, in a deal that will provide the marketplace lender with funding flexibility to target rivals SocietyOne and RateSetter along with the personal loan books of the big four banks. The acquisition suggests brokers, which currently facilitate half of all mortgages, will play a more influential role selling personal loans [...] The post Liberty buys MoneyPlace in personal loan push as appeared on Australian FinTech.