Recognising ColCap’s understanding of the company’s “strategy and tech-led proposition,” Molo co-founder and CEO, Francesca Carlesi, discusses how the partnership will “integrate ColCap’s product innovation with Molo’s…tech platform, and strengthen our offering further as we work to relaunch back into the market.”
Speaking on ColCap’s expected expansion into the UK, Andrew Chepul, CEO of ColCap, reveals the company is “excited to move into the UK and to deliver new…products in the marketplace, as we have done in Australia.”
“Our partnership with Molo fits perfectly within our strategic plan. We believe our shared values, synergies, and combined strengths will enable accelerated growth for both businesses,” Chepul continues.
Founded in 2006, ColCap is a privately owned leading non-bank financial institution specialising in mortgage lending. It currently has a loan portfolio of over AU$11billion ($7.68billion) through its wholesale, retail and broker distribution channels.
Image and article originally from thefintechtimes.com. Read the original article here.