Fintech WLTH is a lending platform that’s aiming to take the hassle out of residential and commercial loan applications and management for a new generation of home and business owners.

Founded by brothers Brodie and Drew Haupt, the platform has settled more than $100 million in loans since its inception in 2019, and there’s ‘plenty more in the pipeline’ according to the co-founders.

While solution-based lending is currently WLTH’s bread and butter, the brothers are primed to move into the payments sector with a new product called WLTH Pay.

Though still in its development stage, the product is promising a new way for business owners to make payments to suppliers and employees, complete with tools to optimise and track cash flow and be rewarded in partnership with Qantas Business Rewards and Velocity Frequent Flyer.

At the heart of this next-gen fintech is a deep commitment to the environment. Having partnered with Parley for the Ocean, WLTH facilitates the clean-ups of 50sqm of coastline for every loan it settles.

In addition, Parley and WLTH recently tapped Visa to create a debit card made entirely out of recycled plastic from the ocean.

“For us, this card is not only the solution, but it’s also a symbolic strategy,” says WLTH CEO and co-founder Brodie Haupt.

“We have a 100 per cent eco and sustainable card – from the packaging, to the envelope, to even the glues being plastic-free, and of course to the card itself and the design.

“Our customers are becoming more socially conscious and we are empowering them to be more involved in protecting the environment.”

Full Article: Business News Australia