MONEYME (ASX:MME) hits another quarter of triple-digit origination increases

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Team MONEYME|23 July 2021| 1-minute read

MONEYME (MME) has recorded another triple-digit increase in customer originations over the June quarter.

The fintech business revealed on Thursday that its originations had jumped 391 per cent year on year in Q4, totalling $161 million at the end of the period.

MME also said its new vehicle finance product, Autopay, racked up $12 million in originations in the 12 weeks since it had launched.

The increase in originations helped MONEYME record $19 million in revenue over Q4, a 73 per cent increase compared to Q4 FY20.

Commenting on the company’s strong growth over FY21, Managing Director and CEO Clayton Howes said it had been an amazing ride.

“We are extremely pleased to report incredible growth and momentum in MONEYME,” Mr Howes said.

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