Fintech startup Nimble to refund $1.5 million to over 7000 customers

  |   Written By by Titan Vine ON

[1] Fintech startup Nimble will repay more than $1.5 million to over 7000 customers.

[2] Furthermore, Nimble  will also be making a $50,000 donation to Financial Counselling Australia and will also appoint an independent compliance consultant to evaluate its business operations.

[3] These efforts came after the Australian Securities and Investments Commission’s investigation that has proven Nimble’s lack of assessment of its customers financial situations before offering them with loans.

[Source] Australian Information Technology News – Fintech startup Nimble to refund $1.5 million to over 7000 customers