What We Do

DirectMoney is bringing new efficiencies to the Australian personal loan market by enabling applications for personal loans to be made via an internet based lending system. Those loans are then funded by the DirectMoney Personal Loan Income Fund. These efficiencies enable DirectMoney to share some of the large interest margins enjoyed by the banks with small investors and borrowers.

DirectMoney will directly serve both retail investors and personal borrowers via its online service enabling them to cut out the banks and enjoy better rates. Borrowers enjoy rates of up to 1.5% p.a. below the banks. Investors gain access to the personal loan market via an ASIC registered investment product.

The DirectMoney Personal Loans Fund will be the first retail investment product available to Australian investors where the underlying assets owned by the fund are high quality individual personal loans.