Fintech firm Carrott has expanded its micro-savings app into the home loan space to help consumers use small payments to pay off their mortgages faster.
Originally built around superannuation and assisting people when saving up for their retirement, the company decided to expand out into home loans and HECS at the beginning of November.
Carrotts a micro-savings platform. What we do is round up your everyday transactions from your debit card or credit card to the next dollar, Christian Raftery, CEO of Carrott, told Australian Broker.
The firm decided to move into debt instead of focusing solely on superannuation because customers wanted to see the micro-payments ha…
Read the full article at: http://www.brokernews.com.au/news/breaking-news/fintech-to-help-mortgagees-5-at-a-time-243938.aspx
