$18.8 million in new loans a quarterly record for the Australian neo-lender
HIGHLIGHTS:
- Continued growth trajectory with a 293% increase in quarterly loan originations when compared to the same period last year (Q3FY18)
- Oversubscribed placement raises $15m, with cash on hand circa $12m following settlement of the first tranche
- Wisr App attracts more than 13,500 downloads in first month
- Technology team strengthened including CTO appointment and Senior Executive to lead Wisr App
- Wisr takes out Best Lending Innovation category at Australian Lending Awards, and is nominated for four awards at upcoming Australian Banking Innovation Awards
Sydney, 30 April 2019 - Wisr Limited (ACN 004 661 205) (ASX:WZR) (Wisr or the Company), Australia’s first neo-lender, grew new loan originations to a record $18.8 million last quarter, the Company announced as part of its Q3FY19 business update.
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