Media ReleasesWisr

View All Wisr News


Wisr delivers record loan origination growth on the back of an oversubscribed capital raise and multi-product business momentum

$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.


For further information please download PDF attached:
Download this document