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MoneyMe Ltd. ( (AU:MME) ) has provided an update.
MoneyMe Ltd. reported a 54% increase in loan originations for the second quarter of 2025, bolstered by strategic growth capital and strong performance in their Autopay product. The company’s loan book reached $1.4 billion, with secured loans making up 60% of its portfolio, reflecting a shift towards higher credit quality assets. Revenue remained stable at approximately $50 million, while net credit losses improved to 3.7%. With expanded funding capacity and a focus on technology, including a new AI application, MoneyMe aims to continue its growth trajectory and enhance operational efficiency.
More about MoneyMe Ltd.
MoneyMe Ltd. operates in the financial services industry, focusing on lending products such as personal loans and credit solutions. The company emphasizes secured lending, which enhances its credit profile and positions it for growth in the evolving financial market.
YTD Price Performance: 10.0%
Average Trading Volume: 1,175,980
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$164M
Learn more about MME stock on TipRanks’ Stock Analysis page.