Wisr Expands Loan Capacity with $267M Warehouse Facility

An update from Wisr Ltd. ( (AU:WZR) ) is now available.

Wisr Limited has launched a new $267 million loan funding warehouse facility, led by Barclays Bank, to support its accelerating loan volume growth. This facility, which can expand in size, is part of Wisr’s strategy to enhance debt capacity, diversify funding partners, and improve loan unit economics. It supports both personal and secured vehicle loans, and increases Wisr’s total warehouse capacity to over $900 million. The new facility is expected to improve funding costs and enhance Wisr’s access to competitive markets, further strengthening its financial resilience and stakeholder confidence.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

More about Wisr Ltd.

Wisr Limited is an Australian fintech lender that offers a proprietary platform combining digital lending with financial tools and features. The company aims to assist Australians in paying down debt, accessing credit, understanding their financial standing, and making smarter financial decisions.

Average Trading Volume: 1,086,982

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$37.66M

For detailed information about WZR stock, go to TipRanks’ Stock Analysis page.