Leading loan comparison disruptor gears up for New Zealand launch

Leading loan comparison disruptor gears up for New Zealand launch

19 October 2023, Sydney: Australia’s fastest-growing ‘neobroker’ disruptor LoanOptions.ai is expanding its service to New Zealand as the country’s first-ever loan comparison platform powered by AI.

LoanOptions.ai is a market-leading loan comparison tool. It uses artificial intelligence to analyse real-time data to create personalised recommendations for clients for all types of loans including business, personal, vehicle, equipment, working capital, asset finance, and more. Using data-driven proprietary technology, LoanOptions.ai can pre-approve applicants with the best loans tailored to their specific financial situation.

The company, whose 70+ lenders in Australia include Macquarie Group, CBA, Westpac, ANZ, NAB, Latitude, Plenti, Prospa, is set to launch with up to 20 lenders in New Zealand, and this panel will continue to grow over time.

 

LoanOptions.ai has just been selected as a finalist for the Finance Brokers Association of Australia’s Industry Supplier of the Year at the prestigious Awards of Supremacy and shortlisted for the Deloitte Tech Fast 50. Founder and CEO Julian Fayad has also been named a finalist in the “Sydney Young Entrepreneur Awards” for two years running.

 

“We’re thrilled to be expanding across shores and bringing our award-winning platform to New Zealand,” said LoanOptions.ai Founder and CEO Julian Fayad.

“Ours is the only platform that will provide applicants with quotes from lenders for loans that they are actually eligible for using our advanced credit matching engine and AI algorithms. We have been proudly generating loan options that are tailored to each individual’s unique needs with complete transparency for over three years in Australia, and are very excited to offer the same exceptional service to our friends and neighbours of New Zealand.”

“With one simple application form, applicants can apply online in under eight minutes with no impact to their credit score.”

The company will be actively trading in New Zealand before the end of the year.

For more information, please visit https://loanoptions.ai/nz.