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MoneyMe Ltd. ( (AU:MME) ) has shared an announcement.
MONEYME has announced the establishment of a $300 million credit card warehouse financing facility, jointly supported by a global bank and a domestic credit fund, ahead of a new credit card launch anticipated for 2026. This facility provides significant advantages through lower pricing terms and expanded growth opportunities, positioning MONEYME to enhance its competitiveness and capture market share in Australia’s credit card sector.
The most recent analyst rating on (AU:MME) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on MoneyMe Ltd. stock, see the AU:MME Stock Forecast page.
More about MoneyMe Ltd.
MONEYME is a digital lender and Certified B Corporation™ specializing in providing streamlined borrowing experiences through innovative digital solutions. It offers a range of financial products such as car loans, personal loans, and credit cards targeted at Australian consumers with above-average credit profiles. The company differentiates itself through technology-enabled speed and efficiency, servicing forward-thinking consumers while adhering to sustainability and high ethical standards.
Average Trading Volume: 845,751
Technical Sentiment Signal: Sell
Current Market Cap: A$93.22M
For an in-depth examination of MME stock, go to TipRanks’ Overview page.