Case Study: Symple Loans achieves rapid, personalized digital lending with Q2 Software (Cloud Lending platform)

Symple Loans and Cloud Lending bring a better borrower experience to Australian consumers

Symple Loans is an Australian marketplace lender founded in 2018 to offer faster, easier and more affordable personal loans to credit‑worthy consumers in a market long dominated by four major banks and only recently moved to comprehensive credit reporting. To compete and deliver materially lower rates and a superior end-to-end borrower experience, Symple needed access to positive credit scoring and a modern, configurable digital lending platform that could support risk‑based pricing and rapid scale.

Symple selected Cloud Lending’s CL Marketplace and CL Loan for automated decisioning, digital document upload, flexible data integration and rapid deployment. The platform enabled 60‑second credit responses, a six‑minute application, funds in 24 hours, personalized risk‑based rates, lower operating costs and fast portfolio growth — positioning Symple to scale its loan book and pass value to both borrowers and investors.

Symple Loans

Bob Belan

CEO and Co-Founder