Boorowa News

Jacaranda CEO pays it forward in the name of entrepreneurship

Nimrod Klayman, UQs Head of Entrepreneurship, with Daniel Wessels, Founder and CEO of Jacaranda Finance, at UQ Giving Day.

This article is in partnership with Jacaranda Finance.

Daniel Wessels, Jacaranda Finance Founder and CEO, has been featured in UQ Ventures, home to The University of Queensland's entrepreneurship support program.

The article focuses on Wessels' inspiring entrepreneurship journey and how he has successfully navigated new market opportunities.

After seeing a gap in the existing loan market between big banks and payday lenders, Wessels saw an opportunity to offer loan products with a fair go lending approach.

Jacaranda Finance isn't a big four bank only providing low-rate, long-term loans to borrowers with good credit.

They're also not a payday lender offering high-rate, very short-term loans to borrowers with poor credit.

Instead, Jacaranda sits in the middle, providing a more attractive loan product that gives Aussies a chance to receive funds through a lender that's faster, responsible, and more financially inclusive than the big banks.

Innovative use of financial technology is also what sets Jacaranda Finance apart from other lenders. Their in-house, self-developed underwriting platform enables them to serve more Aussies than ever before.

Here we explore Wessels' plans to harness new and better tech to grow the Jacaranda Finance brand. With a focus on fintech, Jacaranda Finance is able to emphasise user experience and stay on top of leading digital trends.

Find out more on Wessels' story and Jacaranda's business model through the UQ Ventures article here.

Daniel Wessels presents a cheque on behalf of Jacaranda Finance to Professor Deborah Terry AO, UQ Vice-Chancellor, and Nimrod Klayman.

Wessels is a proud University of Queensland alumni, completing a Bachelor of Business Management during his time at UQ.

Wessels recently had the opportunity to pay it forward in the name of Jacaranda Finance at the recent UQ Giving Day to inspire students to learn to think innovatively and successfully launch their startups.

This was a wonderful opportunity for Wessels to support the future generation of innovators and entrepreneurs, which is a venture that he is strongly passionate about. Learn more here.

Wessels' leadership has been instrumental in growing Jacaranda Finance to the inclusive, fast and responsible lender it is today.

This article speaks to Wessels' ongoing support for future entrepreneurs and highlights his passion for entrepreneurship that drives the growth of Jacaranda Finance.