This is an absolutely huge deal. Platform run one of the largest established automotive broking houses with a history of over 15 years in the Australian market. With a competitive advantage when it comes to speed of settlement, many brokers will push this to get customers into cars quicker. An amazing result. I'm not sure the market realises how large a deal this is.
COGFS have almost 20% of the Australian asset finance market for brokers, and in the 2020FY that was equivalent to $4.5b in settlements.
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