E-commerce retailer Kogan.com has entered into multi-year agreements with Adelaide Bank and Pepper Group to offer competitive home loan products to Australian homeowners and investors under a new brand, Kogan Money.
The company will start offering home loans this fiscal year and continue to roll out a broader suite of financial products and services under the Kogan Money brand during the period.
The company said it aims to simplify credit and financial services and make them more affordable through digital efficiency, as it has done with mobile phone plans and insurance products already.
Kogan.com has not released information about rates, saying it will provide details of the offering closer to the launch date.
David Shafer, Kogan.com executive director, said the partnerships with Adelaide Bank and Pepper to launch Kogan Money Home Loans will help Aussie homeowners.
“Kogan.com is excited to partner with Adelaide Bank and Pepper to enable us to offer Aussies a range of competitively priced home loans available online,” Shafer said.
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