Macquarie Joins Citi to Fund Lender Bridgit
The Australian non-bank lender has secured fresh support to reach a total of $1.7 billion in funding.
Updated on Oct. 15, 2026 in Remote Work
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Macquarie has joined Citi to provide funding to non-bank lender Bridgit. This strategic move brings the lender’s total funding capacity to $1.7 billion.
Why it matters
Investors are increasingly targeting low-risk credit opportunities in the current financial market. This collaboration underscores the ongoing efforts to expand lending capabilities within the Australian financial sector.
Bridgit has reached a total of $1.7 billion in funding supported by major banking institutions. This figure represents the lender's cumulative capacity provided through partnerships with Macquarie and Citi.
The players
Macquarie
Macquarie is a global financial group providing asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities markets.
Bridgit
Bridgit is an Australian-based non-bank lender that specialises in providing finance solutions for property owners.
Citi
Citi is a multinational investment bank and financial services corporation that operates extensively within the Australian financial market.
The details
The Macquarie commodities and global markets arm participated in this funding arrangement alongside Citi to bolster the lender’s portfolio. This infusion of capital is designed to assist the non-bank lender in managing its credit exposure.
Timeline
15 October 2026: Macquarie and Citi funding agreement reported.
Market Landscape
This investment follows the pattern set by traditional banks increasing their engagement with specialized non-bank lenders to capture low-risk credit yields. The move highlights how major institutions are actively seeking to diversify their portfolios by backing agile, non-bank competitors.
For customers, the increased funding capacity may result in greater availability of credit products from the lender. Borrowers should monitor whether this institutional backing leads to more competitive interest rates or updated loan terms in the near future.
The takeaway
The involvement of major banks suggests a maturation of the non-bank lending sector in Australia. Consumers looking for property finance may find that these partnerships increase the stability and reach of non-traditional lenders in the market.
Further reading
For more on the changing employment and business dynamics, visit the Remote Work section.
Source note: This article includes information reported by Australian Financial Review.
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