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Jacaranda CEO Pays It Forward In The Name Of Entrepreneurship

Laura Parcell

Laura Parcell

November 24, 20212 minute read
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Nimrod Klayman, UQ’s Head of Entrepreneurship, with Daniel Wessels, Founder and CEO of Jacaranda Finance, at UQ Giving Day

We’re excited to announce that our Founder and CEO, Daniel Wessels, has been featured in UQ Ventures, home to 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. Our in-house, self-developed underwriting platform enables us to serve more Aussies than ever before.

The article also explores Wessels’ plans to harness new and better tech to grow the Jacaranda Finance brand. With a focus on fintech, we’re able to emphasise user experience and stay on top of leading digital trends.

Find out more on Dan’s 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

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.


Copyright © www.jacarandafinance.com.au Jacaranda Finance Pty Ltd ABN 53 162 078 195 Australian Credit Licence 456 404, Pawnbroking License Number 4221738. The information on this web-page is general information and does not take into account your objectives, financial situation or needs. Information provided on this website is general in nature and does not constitute financial advice.


Laura Parcell
Laura Parcell

Written by Laura Parcell

Laura Parcell is a Public Relations Specialist and Content Writer at Jacaranda Finance. She has a Bachelor of Business (Public Relations)/ Media & Communications with Distinction from the Queensland University of Technology.

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