MONEYME’s record growth to reset analyst forecasts

News & Announcements
Team MONEYME|13 December 2021| 1-minute read

MONEYME has reported record growth originations in Q2, while FY22 revenue is now expected to storm past FY21.

After passing the $1 billion mark in Q1 loan originations, fintech lender MONEYME (ASX:MME) has followed that up with a smashing Q2 release.

The company reported record originations of $170m for the first two months into Q2 FY22,  a compelling 286% on the same time last year.

The record numbers are also up by more than half on the first two months of Q1.

MME’s automotive financing platform, Autopay, continues to shine and has now passed the $100 million milestone in originations in only seven months since launching in April 2021.

Around $68m of those auto loans originated in October and November alone resulting in $111m of gross customer receivables.

In total, the company has generated gross customer receivables of well over half a billion dollars ($542m), a 63% jump from 30 June 2021.

To read the full and original article, click here.

Follow MONEYME on FacebookLinkedIn and Instagram for more news and updates.

Interested in a personal loan?

Check your interest rate and repayments in just a few minutes! It won’t impact your credit score.

Ready to get
started?

You might also like these articles

">
News & Announcements

Support National Bandanna Day

Team MONEYME|03 October 2024| 2-minute read
Freestyle giveaway winners">
News & Announcements

The winners of our $20,000 Freestyle giveaway

Team MONEYME|06 September 2024| 1 minute read
">
News & Announcements

EOFY Offer! Get up to a $500* eGift card with a MONEYME Personal Loan 

Team MONEYME|21 June 2024| 1 minute read

Subscribe to MONEYME Hub

Get our latest news to your inbox on finance tips & tricks, special offers and more

Loading...