Tagged: moneyme

Australia: MoneyMe Raises $37 Million in Equity Funding

Australian Fintech MoneyMe (ASX:MME) has raised A $37 million in equity capital, according to a statement by the company. MoneyMe is a digital lender serving consumers. It was reported earlier this week that MoneyMe founder and CEO Clayton Howes was seeking to raise capital in… Read More

Australia’s Digital Lender MONEYME Returns to Statutory Profits

Digital lender MONEYME (ASX:MME) has just released a trading update announcing it has returned to statutory profits “ahead of target, making it potentially the first fintech in Australia to return to profitability following recent challenging market conditions.” MONEYME has “delivered >$8m NPAT and record revenue… Read More

Digital Lender and Non-Bank Challenger MONEYME Introduces Credit Score

Digital lender and non-bank challenger MONEYME (ASX: MME) has officially launched a new credit score product that has already “seen over 37,000 new customers swarming to discover their score during a Beta Trial, despite zero marketing of the product so far.” The MONEYME Credit Score… Read More

MONEYME, Canteen to Help Cancer Survivors Get Back into the Workforce

As part of a growing focus on ESG and commitment to having a positive impact on society, digital lender MONEYME (ASX: MME) has partnered with Australia’s youth cancer charity Canteen in order “to help young cancer patients stay connected to their education dreams and career… Read More

MONEYME Exceeds $3B in Originations, Shareholders Vote Yes to B Corp

Digital lender and non-bank challenger MONEYME Limited (ASX: MME) has surpassed $3 billion in originations since inception, “after 4x growth in FY22 driven primarily by the success of its auto finance product Autopay.” This includes the $1.1 billion in originations by SocietyOne “prior to the… Read More

SocietyOne Introduces Transaction, Savings Accts Powered by Westpac

In its “first” major corporate milestone following its acquisition by MONEYME Ltd (ASX:MME), digital finance platform SocietyOne has launched transaction and savings accounts “powered by Westpac’s Banking-as-a-Service (BaaS).” SocietyOne is Westpac’s second partner “to launch products through its BaaS platform with two new additions to… Read More

Aussie Fintech MoneyMe Secures $120 Million Capital Facility Led by Fortress Investment Group

Australian consumer lending fintech, MoneyMe, announced on Tuesday it has finalized an AU$120 million asset-backed wholesale securitization facility led by $100 million from global investment manager, Fortress Investment Group, and joined with $20 million of bonds issued by corporate advisory, Evans & Partners. While sharing details about the investment, Clayton… Read More

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