Podcast
Ep 08: David Hyman, Lendi.
Dexter Cousins catches up with David Hyman and talks about the Lendi journey on the FinTech Australia Podcast.
What a journey it is 🚀🚀🚀
As one of Australia’s first Fintech, launching in 2013, the business is now 430 people and a fine example of Aussie ingenuity and entrepreneurship.
David also shares his views on the opportunities ahead for the Fintech industry as we move into the recovery phase from Covid-19.
About Lendi
Lendi is a privately owned and operated Australian business.
Committed to helping Australians achieve their property ownership goals by securing the best loan products and most competitive rates available.
Lendi is 35% owned by founders and employees. Supported by minority shareholders including Bailador, Macquarie, ANZ and a number of Australian Sophisticated Investors.
Lendi’s board is majority independent and non-executive.
In late 2020 they entered into an agreement to merge with Aussie Homeloans and also have a JV wth Domain Group, Domain Home Loans.
What happened next.
This episode was recorded in May 2020, when Lendi had 430 people and COVID-19 had just hit. As David later explained, Lendi was close to an IPO that year, with the book basically built, but it chose to merge with Aussie Home Loans instead. The merger formed Lendi Group in May 2021.
For Lendi’s tenth anniversary in 2023, David and co-founder Sebastian Watkins told the full story, from sitting on the boxes their office chairs came in to settling more than $30 billion of home loans a year. David stepped down as CEO in January 2026 and started Mono AI.
