Online business marketplace lender ThinCats announced earlier this week that it has partnered with investment platform operator DomaCom for loan deals. This collaboration will reportedly provide a greater scope for exposure to property and loan opportunities. DomaCom, which will soon be considered as a crowdfunding service, announced on Friday… Read More
Online business marketplace lender ThinCats Australia hopes to lend $100 million by the end of 2017 after a much needed debt injection of $10 million by UK fund ESF Capital, the new controlling shareholder of ThinCats UK, reported The Sydney Morning Herald. UK fund ESF Capital took a 74 per cent… Read More
ThinCats Australia has posted an update on their progress and according to the platform after one year of operations the peer to peer lending platform has arranged approximately $2 million in loans. Interest rates have ranged from 11.5% to 14.5% from a group of “diverse”… Read More
ThinCats Australia, among the latest peer-to-peer lenders to join the Australian market, is on the prowl for strategic investors as it prepares for a potential initial public offering, notes the Australian Financial Review. The FR writes, It’s understood ThinCats Australia, backed by UK-parent ThinCats, is in discussions with… Read More
The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia has introduced something different to the model by using finance brokers as intermediaries. ThinCats Australia is a joint venture between local investors and ThinCats UK, which was established in 2011 and to… Read More
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