Market Trends

Aaron Bassin, CEO of Bridgit sits down with The Australian Broker to share how brokers can benefit from both Bridgit's rapid growth and the growth of increased technology use across the wider loan industry in Australia.

We are thrilled to announce that Bridgit has been recognised as one of Australia’s fastest-growing companies in 2024, achieving prestigious rankings across three renowned lists.

With time a luxury most property hunters can’t afford, bridging loans are proving a useful solution to help Australians as they jostle for the next rung on the property ladder. Aaron Bassin and Stephen Doyle sit down with Ben Squires to explore the forces behind the rise of bridging loans, and why brokers must have them in their toolkit.

The increase in funding allows Bridgit to support $1bn annually in residential property transactions, making bridging finance accessible to more Australians.

An Aussie bus driver who was struggling to pay down his debt after his repayments doubled has revealed the steps he took to become mortgage free.

Australian fintech Bridgit has set its sights on transforming bridging loans, offering speed through technology where others have exited the niche asset class.

Bridgit has won the title of Best Lending Innovation at the Finder Innovation Awards 2023. This comes hot on the heels of news that Bridgit was a finalist in Finder’s annual awards program, which recognises Australia's most forward-thinking businesses.

Bridgit has been named a finalist in the Best Lending Innovation category of the Finder Innovation Awards 2023 – the same category it won last year.

I recently had the pleasure of embarking on a road trip with the Bridgit team to meet with our partners and educate them about the Bridgit solution. Along the way, I gained insights into some of our partners' top trends and concerns. Here are the top talking points I came across on the Bridgit Roadshow.

Let’s take a look back at 2022 and share our biggest wins, pinch-us-moments as well as our impact and strides in sustainability.

Many Aussie homeowners are forking out thousands of dollars on temporary living accommodation before moving into their new home – an avoidable expense for those who choose to sell their property first.

Bridgit has won the Finder Award for Best Lending Innovation for 2022! We’re thrilled to be recognised as the Most Innovative Lender for our tech-first lending solution.

Discover Bridgit’s highlights, wins and learnings from our first year in business and how we’re revolutionising access to bridging loans for Australian homeowners.

Let’s dive into what changing interest rates mean for homeowners and how Bridgit is helping Australians regain control in a changing interest rate environment.

Bridgit, your new bridging loan specialist. Who are we? Bridgit launched last year as a new non-bank lender specialising in bridging loans after we noticed a need in the market not being met by traditional lenders. Our aim? To revolutionise bridging loans through state-of-the-art technology allowing Australians to purchase their next home quickly and with little fuss.

Just two months into our journey of becoming Australia’s first choice for non-bank lending, we are thrilled to announce we have hit $100M in loan applications from right across the country. TechLend has experienced unprecedented demand for our same day pre-approved bridging loans, with lockdowns seemingly having no effect on the market as virtual inspections and auctions become widely accepted.

We are proud to share our recent success of securing an additional $50 million in funding from Silicon Valley-based fund Partners for Growth (PFG). Our goal is to revolutionise the way homeowners buy and sell property, and PFG recognises the opportunity that exists in bringing a customer-centric, and technology-led mindset to redefine what it means to secure property financing.