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NAB provides debt for Symple to attack personal lending

James Eyers

National Australia Bank is boosting its funding of fintech start-ups planning to disrupt its own lending, figuring it can gain exposure to borrowers seeking alternatives to the big four via wholesale loans.

Symple loans CEO Bob Belan, left, with NAB's head of emerging technology clients Steve Smith, right. Arsineh Houspian

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/nab-provides-debt-for-symple-to-attack-personal-lending-20190923-p52u0a