Nano Deploys Onboarding Tech Across Oracle Partner Network

On October 21, 2021, Australian digital lender Nano announced a partnership with Oracle to utilize its proprietary onboarding technology across Oracle's partner network. Under the arrangement, Nano's technology is made available to Oracle's ecosystem of mortgage brokers and financial services partners, who can white-label the solution to streamline their customer onboarding and mortgage origination processes. Nano contributes its purpose-built digital lending and onboarding platform, while Oracle provides its extensive partner distribution network.

The partnership reflects the growing trend of fintechs embedding their specialized technology into larger enterprise ecosystems. For end customers, the deal promises faster, more seamless mortgage application experiences. Financial terms of the partnership were not disclosed.