NextGen

NextGen is focused on transforming lending through intelligent technology.
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About NextGen

NextGen is a company. It operates as a SaaS (Software-as-a-Service). NextGen has completed 1 acquisition, including Frollo. NextGen offers products and services including ApplyOnline. NextGen operates in a competitive market with competitors including Numerated, Ready Capital, Sageworks, Migo and Dealflo, among others.

  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nextgen.Net Pty Ltd
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of NextGen

NextGen offers a comprehensive portfolio of products and services, including ApplyOnline. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

An end-to-end solution for lending processes.

People of NextGen
Headcount 200-500
Employee Profiles 84
Employee Profiles
People
Kate Berry
Local Business Growth Expert
People
Jason Massarotto
Product Design Lead
People
Sukhala Vashi PMP®
Lead Business Analyst
People
Rebecca Lee
Business Services Manager

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Funding Insights of NextGen

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by NextGen

NextGen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Frollo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based open banking API solutions are provided to banks.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - NextGen

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nextgen Comparisons

Employees
+
Add Comparison
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Competitors of NextGen

NextGen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Numerated, Ready Capital, Sageworks, Migo and Dealflo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Platform for digitizing credit policies
domain founded_year HQ Location
Diversified lending NBFI
domain founded_year HQ Location
Loan origination and risk management software solutions
domain founded_year HQ Location
A cloud-based platform is provided for loan origination to lenders.
domain founded_year HQ Location
Financial agreements are automated across finance sectors by Dealflo.
domain founded_year HQ Location
Loan origination and underwriting platform for multifamily financing
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nextgen

Frequently Asked Questions about NextGen

What does NextGen do?

NextGen is engaged in providing innovative lending solutions through its intelligent technology platform, ApplyOnline. The company supports lenders, aggregators, and brokers across the lending ecosystem in Australia. Its solutions cover lending origination, digital lodgement, assessment, processing, and Open Banking integration. The platform is designed to drive efficiency, reduce costs, and improve borrower outcomes by offering faster processing and seamless integration with existing systems. Services are extended to various lending products, including personal loans and complex commercial property loans. NextGen is trusted by leading financial institutions for enterprise-scale lending processing.

Who are the top competitors of NextGen?

NextGen's top competitors include Numerated, Ready Capital and Migo.

What products or services does NextGen offer?

NextGen offers ApplyOnline.

How many acquisitions has NextGen made?

NextGen has made 1 acquisition, including Frollo.

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