Unlocked Finance

What Unlocked Finance does

Unlocked Finance is an Australian independent mortgage brokerage founded in 2015 and headquartered in Toowoomba, Queensland, operating as Unlocked Finance Pty Ltd. The firm runs a sales-led direct-to-consumer brokerage model, comparing loan and finance products across a panel of more than 70 lenders including the four major Australian banks (Commonwealth Bank, Westpac, ANZ, NAB), regional banks, customer-owned institutions, and non-bank financiers. Service lines span residential mortgages (first home buyer, upgrader, investor, construction, self-employed, guarantor, medico), refinancing and rate reviews, commercial finance (equipment, chattel mortgage, working capital, commercial property), and agribusiness finance. Revenue is generated exclusively through commissions paid by lenders upon loan settlement, with no direct fees charged to borrowers.

Name

Unlocked Finance

Legal name

Unlocked Finance Pty Ltd

Website

https://unlockedfinance.com.au

Company type

Private

Founded year

2015

Operating status

Operating

Ownership category

akta.pro rank

Product category

Mortgage Brokerage

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163)

akta.pro industry

PRIMARYFSAEAGAD

Debt Advisory & Financing Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/M&A Advisory & Corporate Finance

SECONDARYFSAKAAAI

Secured-to-Unsecured Refinance Personal Loans (Unsecured Installment)

Financial & Insurance/Lending & Consumer Finance/Personal Loans (Unsecured Installment)

Keywords

• Mortgage brokerage services
• Home loan brokering
• Commercial finance brokering
• Loan refinancing
• Equipment finance brokering

Headquarters

HQ city

Toowoomba

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Commission from Lenders on Settlement: The company provides mortgage brokerage services to borrowers at no direct cost. Revenue is generated through commissions paid by lenders upon successful loan settlement. This is a standard broker commission model in the Australian mortgage industry.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Unlocked Finance is an independent Australian mortgage brokerage comparing 70+ lenders (banks, regionals, credit unions, non-bank financiers) to arrange home loans, refinancing, construction loans, business finance, equipment finance, and agri-finance for clients. The brokerage provides a dedicated single-broker relationship from initial consultation through to settlement, with no direct fees charged to clients and revenue earned through lender commissions upon settlement.

Product overview

Unlocked Finance operates as an independent mortgage brokerage platform offering a unified brokering service across 70+ lenders including banks, regional lenders, credit unions, and non-bank financiers. The core offering consists of home loan products (for first buyers, upgraders, investors, and owner-builders) complemented by refinancing, business finance, and specialized lending products. The portfolio includes Self-Employed & Low Doc Loans, Guarantor Loans, Construction Loans, Debt Consolidation, Agri Finance, Equipment & Truck Finance, and Medico Home Loans for specific borrower segments. Supporting the core brokering service, the company provides a suite of digital tools including Loan Calculators Suite, Rate Review Tool, Lender Match & Repayment Estimator, and Pre-Qualify Calculator. All services are delivered through dedicated broker relationships with clients managed from initial consultation through to settlement.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Loans Mortgage brokering service comparing 70+ lenders to find suitable home loan products for first home buyers, upgraders, investors, and owner-builders across Australia.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core and minor.

• Commonwealth Bank of AustraliacoreChannel Partner/ Reseller/ DistributorMajor Australian bank included in the 70+ lender network. Part of the core lending panel providing home loans, refinancing, and business finance products to Unlocked clients.
• Westpac Banking CorporationcoreChannel Partner/ Reseller/ DistributorMajor Australian bank included in the 70+ lender network. Part of the core lending panel.
• ANZ BankcoreChannel Partner/ Reseller/ DistributorMajor Australian bank included in the 70+ lender network. Part of the core lending panel.
• National Australia Bank (NAB)coreChannel Partner/ Reseller/ DistributorMajor Australian bank included in the 70+ lender network. Part of the core lending panel.
• HSBCcoreChannel Partner/ Reseller/ DistributorGlobal bank included in the 70+ lender network.
• Macquarie GroupcoreChannel Partner/ Reseller/ DistributorAustralian global diversified financial services firm included in the 70+ lender network.
• Bendigo and Adelaide BankcoreChannel Partner/ Reseller/ DistributorRegional bank included in the 70+ lender network.
• Suncorp GroupcoreChannel Partner/ Reseller/ DistributorAustralian financial services group included in the 70+ lender network.
• ING GroupcoreChannel Partner/ Reseller/ DistributorInternational bank included in the 70+ lender network.
• Newcastle PermanentcoreChannel Partner/ Reseller/ DistributorMutual bank included in the 70+ lender network, serving NSW customers.
• Pepper MoneycoreChannel Partner/ Reseller/ DistributorNon-bank lender included in the 70+ lender network, offering specialist mortgage solutions.
• Heritage BankcoreChannel Partner/ Reseller/ DistributorCustomer-owned bank included in the 70+ lender network.
• Great Southern BankcoreChannel Partner/ Reseller/ DistributorCustomer-owned bank included in the 70+ lender network, one of the largest in Australia.
• Aussie Home LoanscoreChannel Partner/ Reseller/ DistributorMajor Australian mortgage aggregator and lender included in the 70+ lender network.
• Bank AustraliacoreChannel Partner/ Reseller/ DistributorCustomer-owned bank included in the 70+ lender network.
• ME BankcoreChannel Partner/ Reseller/ DistributorOnline bank included in the 70+ lender network.
• BankwestcoreChannel Partner/ Reseller/ DistributorSubsidiary of Commonwealth Bank serving Western Australia, included in the 70+ lender network.
• QBE InsuranceminorChannel Partner/ Reseller/ DistributorInsurance partner included in the lender network for insurance-related financial products.

Scale indicators3 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• Aussie Home Loans: Australia's largest mortgage broker and aggregator, also on Unlocked's lender panel. Directly comparable as a sales-led mortgage brokerage serving retail borrowers with a multi-lender panel, though at much greater scale and brand recognition.
• Mortgage Choice: Established Australian mortgage broker franchise with a large multi-lender panel and nationwide branch network. Highly comparable business model — independent broker intermediating between borrowers and a panel of lenders — operating at substantially larger scale.
• Loan Market Group: Large Australian mortgage broker aggregator with a multi-lender panel and broker franchise model. Directly comparable as a multi-lender brokerage serving home loan and refinancing customers across Australia.
• Lendi: Digital-first Australian mortgage broker using a proprietary technology platform to compare lenders and streamline applications. Comparable as a multi-lender mortgage intermediary targeting the same retail borrower base, differentiated by a tech-led rather than relationship-led delivery model.
• Mortgage Express: Australian mortgage broker aggregator offering broker members access to a multi-lender panel. Directly comparable business model — independent broker comparing lenders for retail and SME borrowers — though operating primarily through a franchise/aggregator structure.

Broad incumbents

• Australian Finance Group (AFG): Australia's largest mortgage aggregator, providing broker accreditation, lender panel access, and back-office infrastructure to a network of independent brokers including Unlocked-equivalent firms. Comparable as the upstream enabler of the brokerage model in which Unlocked operates.
• REA Group: Operator of realestate.com.au and adjacent property services including home loan connectivity. Comparable as a property-finance intermediation channel reaching Australian home buyers, though at much greater scale and integrated with a property listings platform.

Emerging players

• Tiimely (formerly Nano Home Loans): Australian digital mortgage broker and lender combining a multi-lender comparison platform with proprietary lending products. Comparable in addressing the same retail borrower need for comparison and advice, but differentiated by an integrated proprietary tech stack.
• Athena Home Loans: Australian digital mortgage lender offering direct-to-consumer home loans with a strong online brand. Comparable as an alternative channel competing for the same retail mortgage customers, though operating as a direct lender rather than a broker intermediary.

Others

• Heritage Finance Holdings: Customer-owned Australian bank and mortgage funder on Unlocked's lender panel. Comparable as a counterparty in the mortgage intermediation value chain, though operating as a lender rather than a broker.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Unlocked Finance