cigno

Cigno Pty Ltd operates as an intermediary or agent, not a direct lender, connecting Australian consumers seeking short-term finance with credit providers. The company's business model is centered on charging fees for its services in arranging and managing these loans, which are typically small-amount, high-cost credit products. Cigno has a history of adapting its model in response to regulatory changes and has faced significant scrutiny and legal challenges from Australian financial regulators regarding its practices and fee structures.