Frollo launches Open Banking-powered portal for mortgage brokers
Frollo, a NextGen subsidiary, launched a portal giving mortgage brokers Open Banking access to verified client financial data, already integrated with aggregators and major banks.
Company
Every investor coverage indicates participated in a round Finsure raised.
The transaction that ended Finsure's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| MA Financial Group | Acquisition | 28 Feb 2023 | $151.6m | Aura Group portfolio (Tue 28 Feb 2023), Aura Group portfolio (Fri 23 Dec 2022), Aura Group portfolio (Tue 1 Feb 2022) |
| Goldfields Money | Merger | 2018 | - | Aura Group portfolio (Tue 1 Feb 2022), Aura Group portfolio (Fri 30 Jul 2021) |
Companies Finsure acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Finsure. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Frollo, a NextGen subsidiary, launched a portal giving mortgage brokers Open Banking access to verified client financial data, already integrated with aggregators and major banks.
Aura Group reports BNK Banking Corporation has agreed to sell mortgage aggregator Finsure to MA Financial Group for $151.6 million, with APRA approval received and completion expected in early February 2022.
Aura Group announces managing director Calvin Ng has joined BNK Banking Corporation's board as a non-executive director, alongside independent director Michelle Guthrie; the article also recalls Finsure's merger with Goldfields Money.
Also Aura Group portfolio