Humm, formerly known as FlexiGroup, confirmed last week that it had received a proposal from non-bank lender Latitude Group, for the purchase of its buy now, pay later (BNPL) and credit card business, Humm Consumer Finance.
Read more at The Adviser
Humm considers pure business lending pivot
The group is considering shedding its consumer arm and only offering business loans, as it continues to target growth in the broker channel.
