After ousting Anthony Nantes as CEO in August 2023 (and subsequently seeing John Nantes depart as Chairman), consumer lending company Wisr (ASX: WZR) has been on a cost management journey, trying to regain shareholders’ faith. In the face of its declining loan book balance and revenue, the Company has established the pricing for its fourth
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Andrew Goodwin, who is currently the Chief Financial Officer at non-bank lender Wisr (ASX: WZR), has now taken on the position of Chief Executive Officer with immediate effect. This change comes after the Wisr Board decided to terminate the employment of the previous CEO, Anthony Nantes for undisclosed reasons. As part of the Board’s continuous
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“Again? Oh my bank is killing me! How high can these interest rates go up?”, said many frustrated Aussies who had to scrap their dreams of paying off their mortgages. As interest rates keep going up and the budget is getting tight, they are forced to find alternative avenues to reduce household expenses. This is
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Fresh off a major marketing campaign which saw their branding projected into millions of Aussie households as broadcast partners of the Tokyo 2020 Olympic Games, neo-lender Wisr (ASX: WZR) have reported 280% revenue growth to be eyeing profitability for the first time in their short history. Emerging as the non-bank lender of choice amongst the
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Personal finance and debt consolidation company Wisr (ASX: WZR) has substantially opened its growth opportunities through a strategic investment in European fintech platform Arbor which will include IP sharing between the two companies. The investment of $400k cash via a convertible loan structure will give Wisr an opportunity to secure up to 45% of Arbor
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Amid the many ways COVID-19 has brought about new business opportunities, financing fintech company Wisr (ASX: WZR) continues to benefit from Aussies being more financially responsible through the pandemic, reporting a 35% increase in loan originations, driven by vehicle financing. For the quarter ending 31 December 2020, Wisr continued its upward momentum to deliver its
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