"Home loan and financial services provider Firstfolio Ltd has signed a deal with Medibank Private to give the health insurer's members access to a mortgage check and discounted loans.
Firstfolio will give members of Medibank, Australia's biggest private health insurer, access via website eChoice to a free home loan health check, discounts on all major bank home loans over $300,000 and one home loan fee.
Medibank private was the third partner after AV Jennings and Virgin Money to sign up to Firstfolio's business-to-business software, Bloom, the Sydney-based company said in a statement on Thursday.
The Bloom platform is designed as a bolt-on application that integrates into another company's IT system to offer customers mortgages and financial services.
"Signing Medibank Private was an outstanding endorsement of BLOOM and what it can offer our partners' customers," Firstfolio chief executive Mark Forsyth said in the statement.
Shares in Firstfolio were steady at 5.8 cents by 1128 AEDT."
FFF Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
