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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As Aussies continue to shift towards a cashless economy, Commonwealth Bank has confirmed it will be closing 10% of their branch network at lunchtime for reduced operating hours in response to declining foot traffic as we move all our banking and finance needs online. Where branches traditionally facilitated cash transactions, the declining use of cash
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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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Australia continues to emerge as a listing destination for tech companies which in recent years has been highlighted by the emergence of companies like Afterpay, Xero, Atlassian and Appen on the global stage. While less than 1% of ASX small cap tech stocks have any chance of getting into the same conversation as those, here
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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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Following months of lockdowns which have limited spending opportunities, Australians have used the time to get on top of their finances with neolender Wisr (ASX: WZR) reporting record quarterly revenues, loan originations and customer profiles. This time at home for many has led to Wisr reporting a 37% increase in operating revenue for the quarter
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