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Newcastle Herald
Newcastle Herald
Donna Page

Hunter residents and super funds hit by $13m collapse of local lender Funda

Nathan Wright Mark Owen ASIC Merewether The Newcastle Herald
Funda founders and co-directors Nathan Wright, left, and Mark Owen in 2020.

HUNTER families and their superannuation funds are caught up in the $13 million collapse of Merewether-based small business lender Funda and a related company.

Funda, a fintech touted as an alternative to the big banks, and related company Collaborating Pty Ltd, were placed in voluntary liquidation in early December.

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