CASE STUDIES

Marketlend is a peer-to-peer lending platform that connects sophisticated and wholesale investors with Australian SMEs. It offers revolving credit facilities that help businesses manage cash flow, negotiate better supplier terms and access flexible finance. Recognising the complexities of Australia’s financial regulations and borrower landscape, Marketlend set out to create a transparent, investor-driven platform. Businesses pay different rates depending on whether funds are utilised or not, giving them control and offering investors stable returns.

Marketlend approached WLCF with a clear concept and a need for a bespoke solution. The collaboration brought together vision, technical expertise and a shared commitment to innovation. WLCF Project Lead Pawel Szewczyk worked closely with founder Leo Tyndall and his financial adviser to translate the business model into a functional platform.

The project involved a number of technical challenges. One of the key complexities was the need to incorporate two types of loaned amounts: utilised and unutilised funds. As the interest on these was calculated daily and dynamically, it was not possible to create a fixed repayment schedule in advance. WLCF developed tailored logic to handle this, giving the platform a unique edge in the market.

Project Manager Evelyn joined Pawel in coordinating the wider development team, ensuring the business model was implemented accurately and efficiently. Regular calls and meetings, often held online, helped maintain momentum and ensure clarity and fluid communication throughout the build.

Further development included the integration of CreditWorks, an external credit decisioning engine. WLCF worked closely with the CreditWorks team to ensure smooth functionality and to support the pre-vetting of applications. Another challenge was caused by processing all repayments on a single day each month, which initially caused strain on the server. The team responded by upgrading the database and refactoring core logic to improve performance and resolve the issue.