Synergetic - New

News Archive

FEBRUARY 1, 2010
Synergetic Services and Sandstone Technology sign key agreement
Technology Company Synergetic Services Limited is pleased to announce that the Company has signed a teaming agreement with Sandstone Technology Pty Limited a leading provider of loan origination, valuation management and internet and mobile banking solutions to financial institutions globally.
JANUARY 21, 2010
Interview by Summer Money
Sky News
Michael Cardew-Hall gives an update on Synergetic.
DECEMBER 14, 2009
Online finance approval at your fingertips
Technology Company Synergetic Services Limited has listed on the Australian Small Scale Offerings Board (ASSOB) and is raising capital so it can seek to revolutionise the future of online lending.
NOVEMBER 9, 2009
Interview by First Business
Sky News
Philip Tedmanson comments about positive credit reporting in Australia.
OCTOBER 22, 2009
Gearing up to rake it in
IT IS the holy grail of car finance
true online approval of a loan with the ability for the customer to choose
JULY 31, 2008
ANU Connect Ventures supports
Australian innovation in online loans
ANU Connect Ventures has led a $1.5 million investment into Synergetic
NOVEMBER 2, 2007
TenFold Announces Synergetic Relationship
TenFold Corporation, provider of EnterpriseTenFold SOA

ANU CONNECT VENTURES SUPPORTS AUSTRALIAN INNOVATION IN ONLINE LOAN APPROVAL

By Tim Hirst | From: ANU Connect Ventures | July 31, 2008

ANU Connect Ventures has led a $1.5 million syndicated investment into Synergetic Services, a software development company planning to revolutionise the process by which applicants source personal loans when shopping online for major purchases such as motor vehicles.

Synergetic has created a personal loan procurement system which offers consumers a choice of loan product and financial institution, and performs real-time identity and credit validation. When linked with online-market sales, a person can choose a new or used motor vehicle, apply for finance at the same time and receive immediate loan confirmation. Alternatively, a pre-approved spending level can also be obtained in the same manner.

Philip Tedmanson, Synergetic’s Managing Director said “This injection of capital is strategic and the timing is right – we expect to have the service active in one online market by early 2009” “This opens up a new generation in online personal finance – which combines the market with the finance, and offers one integrated process for the consumer. The automated checking and approval process will save the financial institutions a great deal of time when processing loans. We expect that our system will be transferrable to many different market spheres, and may open up new online markets. With continued support, we should be able to tap global opportunities for our software solution”, Mr. Tedmanson concluded.

“This is an exciting IT investment”, remarked Tim Hirst, CEO of ANU Connect Ventures. “It has the potential to provide a third-generation solution for the personal loan procurement market across the globe. We believe Synergetic’s solution will achieve rapid adoption and represent a real growth opportunity for its investors.”