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The firm was founded as Aussie Home Loans on 17 February 1992 by owners, executive chairman John Symond, together with his nephew, James Symond, and former executive director, Nick Paten, as mortgage provider, using the slogan "We'll save you". John Symond owned 90% of the company, with Nick Paten retaining a 10% stake.
Supported by a $10,000 loan [1] from his older brother Michael, Symond founded Aussie Home Loans in February 1992 and was able to fulfil his ambition. With his nephew James by his side, Symond was widely credited with bringing competition to the Australian home-lending industry and was the first major disruptor to the banks oligopoly of the Australian home loan market.
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Mark Leigh Bouris AM (born 30 November 1960) is an Australian businessman who is best known as the founder and chairman of 'Wizard Home Loans', Australia's second largest non-bank mortgage lender behind Aussie Home Loans. He is now the chairman of Yellow Brick Road, a business which he founded in 2007. [2]
Online bill pay is an electronic payment service offered by many banks, credit unions and bill-pay services. It allows consumers to make various types of payments through a website or app, such as ...
Mortgage brokers have been active in Australia since the early 1980s, however they only became a dominant force in the mortgage industry during the late 1990s on the back of aggressive marketing by Aussie Home Loans and Wizard Home Loans. Approximately 35% of all loans secured by a mortgage in Australia were introduced by mortgage brokers in ...
Beem It is an instant payment free-to-download mobile application owned by Commonwealth Bank, NAB and Westpac later sold to Eftpos Australia. It offers an instant payment transfer service between registered users of the app regardless of which bank they are with. The app's main features include options to pay, transfer, request and split money ...
Tiimely, formerly known as Tic:Toc, is an Australian platform technology company and non-bank home lender based in Adelaide, South Australia. [2] Founded in 2015, but launched to the public in July 2017 as Tic:Toc, Tiimely offers Software-as-a-Service, and automated digital home loans to consumers through their retail brand, Tiimely Home.