MoneyMe Ltd. (AU:MME) has released an update.
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MoneyMe Ltd. has announced a new strategic funding partnership with iPartners, securing a A$125 million facility to refinance existing debt and fuel loan book growth. This initiative promises improved terms and supports MoneyMe’s growth strategy into 2025, with an initial drawdown of A$65 million and an additional A$60 million available. The collaboration is expected to bolster MoneyMe’s competitive edge in the digital lending market.
For further insights into AU:MME stock, check out TipRanks’ Stock Analysis page.
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