M&A in online business lending sector tipped as banks move in

Mergers and acquisitions in the alternative small business lending sector are inevitable in 2017 as investors in fledgling start-ups push for scale to achieve profitability faster, according to David Goldin, global chief executive of one of those online lenders, Capify.

Mr Goldin is one of several leaders of the alternative finance scene in Sydney for Monday's AltFi Australasia Summit, which will be addressed by ANZ Banking Group chief executive Shayne Elliott.