HashChing Smashed $15 Billion Milestone in 2017

KEY TAKEAWAYS:

• HashChing saved 30,000 customers an average of $102,800 on their home loans
• The company received $15 billion worth of applications
• It also expanded its broker network to 690
• Former Westpac solutions architect and engineering expert Vajira Amarasekera joined the company as CTO
• Former managing director of CommSec Paul Rickard and prominent financial media commentator Marty Switzer joined HashChing’s advisory board
• The former CEO of Pepper Financial Services, Patrick Tuttle, joined as a non-executive director and investor in HashChing
• CIO Atul Narang won CIO of the year at the 2017 FinTech Awards
• Mandeep Sodhi won Young Professional of the year at the India Australia Business & Community Awards 2017
• HashChing’s CEO, Mandeep Sodhi, was listed as top 100 cool people in tech by Business Insider

• HashChing and its then CIO, Atul Narang were finalists in the ‘Innovative Mortgage Offering of the Year’ and ‘Chief Information Officer of the Year’ categories respectively at the Australian Retail Banking Awards 2017
• HashChing was also as a finalist in the FINNIE Awards 2017

HashChing is a free online mortgage marketplace, connecting customers looking for great home loan deals with experienced mortgage brokers nation-wide who negotiate better rates from lenders.

The company enables customers to find competitive home loan deals, saving them tens of thousands of dollars on their home loan payments. Whether customers are applying for a new home loan or refinancing, they can easily research their options through a variety of lenders and find the right product for their needs.

Founded in August 2015, HashChing is now an award-winning company that has received more than $15 billion worth of home loan applications, has a network of more than 690 mortgage brokers, and over 30,500 customers.

HashChing are currently in the middle of raising additional $5 million in a bid to cement its position as a home loan power player. These funds will be put towards further scaling the business and implementing new technology and product offerings that streamline the mortgage process and address industry wide issues.

HashChing are growing at a remarkable rate and anticipate taking on another 8 staff members across product management, customer support and marketing to help bring the company into its next phase of growth by the end of the year.

About HashChing

HashChing is Australia’s first online home loan marketplace allowing borrowers to get connected to local mortgage brokers who have access to negotiated rates that lenders don’t advertise anywhere. Since launching in August 2015, over $5bn worth of applications have been received. HashChing was nominated as startup of the year (Fintech of the year) by Optus Small business awards in 2016.

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