Mortgage aggregator Finsure has been announced as one of Australia’s fastest growing companies by BRW Magazine after growing its revenue by 140% over the 2014 financial year.
The annual Fast Starters list has Finsure ranked at number 18 in BRW’s run down of the 100 fastest growing companies in Australia. Finsure was also listed as the third fastest growing business in the financial services sector.
Finsure’s managing director, John Kolenda, said the recognition from BRW followed an impressive 24 months where Finsure has consistently been the fastest growing aggregator in Australia.
“To be placed 18th in BRW’s Fast Starters for 2014 is a real honour. I believe this reflects our competitive position as the aggregator of choice for brokers who are seeking unrivalled business support in addition to market leading remuneration plans.”
The majority of Finsure’s growth has been achieved through organic recruitment. The figures provided to BRW did not include revenue from last year’s acquisition of mortgage aggregator, LoanKit from Mortgage Choice.
The Finsure Group now has more than 600 brokers on board and according to Kolenda this growth has been driven by brokers wanting greater value from their aggregator.
“From day one I’ve always believed that the Finsure business model is the best in the market. It’s no accident that we’ve been able to set ourselves apart from the other aggregators when it comes to providing value-added services to our brokers. You just can’t find that level of service anywhere else,” he said.
Recently, Australian Broker spoke with John Kolenda about organic growth and how Finsure successfully diversified its business. The video interview for Australian Broker TV can be found here