Wisr Ltd. (AU:WZR) has released an update.
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Wisr Ltd., an Australian fintech lender, is gearing up for growth after a challenging fiscal year 2024 with a strategic focus on enhancing its balance sheet and technical capabilities. The company secured a $50 million facility from Nomura, leading to substantial growth in loan originations by 30% in Q4FY24 and 54% in Q1FY25. This marks Wisr’s strategic shift towards expansion, promising an optimistic outlook for its financial future.
For further insights into AU:WZR stock, check out TipRanks’ Stock Analysis page.
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