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New entrants to the rapidly growing SME lending space risk becoming the victim of their own success if they grow too fast, Capify founder David Goldin has warned.
The Hayne royal commission's revelations of unscrupulous lending practices by Australia's largest banks has opened the door to an influx of SME online lenders such as Prospa, Moula and Tic:Toc setting up shop in Australia.
Read more at the Financial Review.