After a successful pilot program in FY2020, Wisr Limited (ASX:WZR) has launched its second major competitive product into market, secured vehicle finance.
The launch of the new product would allow the company to enter into the A$33 billion-dollar consumer vehicle finance market. Thus, expanding the addressable market opportunity of the company. The Wisr Warehouse shall assist the growth of this product, letting the product to provide substantial revenue for the Company from launch.
The price of the product would range from A$5,000 to A$60,000, with flexibility on 3, 5 and 7 year terms and market-leading rates.
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