Wisr Limited Reaches New Lending Milestone

  • Nov 22, 2019 AEDT
  • Team Kalkine

Wisr Limited (ASX: WZR) is a neo-lender in Australia, and runs the country’s only credit score comparison service. The company has reported that $150 million has been lent by the company.

  • A sharp increase in the demand this quarter has helped to achieve the $150 million milestone.
  • WZR has new funding in place that would favourably impact the margins.
  • Recently, $50 million of the $150 million milestone was achieved in six months compared to eight months for the previous $50 million.

By 1:24 PM AEST, WZR was trading at $0.145, up by 7.4% relative to the previous close.


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