South African company e4 disrupts Australian lending process


Software as a Service company, e4, says that digitisation has led to its South African-based technology being launched in Australia.

Ryan Barlow, e4 Chief Technology Officer says that while the company has made significant inroads locally with its business automation and digtial solutions, the Australian banking sector has identified the increasing need for the automation of core banking processes and other digital solutions.

“Data gathering, signing of documents as well as the identification and verification of customers has long been an arduous process, traditionally requiring physical face to face interactions and reams of paper.  e4’s digital verification and identification solution, which is used during the client on-boarding process, disrupts and radically changes the face of lending and the relevant loan application process,” says Barlow.

He says that e4 is focused on the digital transformation trend that is taking place in the lending space, providing much needed innovative applications that underpin traditional as well as disruptive service offerings, “Aimed at the financial service sector, we anticipate increased interest from traditional and non-traditional mortgage lenders. We will also engage mortgage brokers, who originate 50% of all new mortgage applications into lenders, mortgage aggregators and mortgage settlement partners in Australia. This model is closely aligned with the e4’s business model in South Africa.”

Heading the Australian business based in both Sydney and Adelaide is e4’s managing director, Stuart Hosford. He is supported by e4’s operational bases located in South Africa and Mauritius.

Locally, Barlow says e4’s digital service offering is being considered by South Africa’s biggest lenders and financial services companies.

“We are confident that our approach to digital transformation within these sectors will be very well received and we look forward to growing the solution set and territories we implement them into,” says Barlow.


About Author

Thabo Mphahlele is the BizNis Africa Head of Sales and Marketing. Mphahlele was previously MultiChoice Production Support Analyst responsible for developing and monitoring applications. In addition, Mphahlele develops and automates batch scripts and is responsible for the daily infrastructure maintenance at MultiChoice. As a Production Support Analyst, he is responsible for incident analysis solving , developing and constructing business reports for SQL and Oracle and implement change controls for the business. Additional responsibility includes monitoring system performance via SOA, Kibaba (Elasticsearch), H.P BSM, HP Sitescope. Mphahlele is responsible for creating infrastructure performance reports through HP Ops Analytics, monitoring payments via Splunk and in-house built-in tool and disaster recovery simulation and testing. At Nashua Mobile, he was responsible for application development and enhancing the web sites At South West Gauteng College, he was the IT Technician and Network Administrator. During his tenure at Double Digit Media, he was he focused on application and web site development for new and existing clients Mphahlele contributes as a Content Manager for BizNis Africa.

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