Wednesday, February 5, 2025
9.9 C
London
HomeFinTechWisr: Reports record new loans over September quarter

Wisr: Reports record new loans over September quarter

Date:

Lunar Hires Nanna Bergmann to Lead BAAS Spinoff

Nanna Bergmann Appointed to Head Lunar’s New Banking-as-a-Service EntityHighlights:...

Cashfree Payments Secures $53 Million Funding Led by Krafton

Fintech Firm Aims for Global Expansion with Latest InvestmentHighlights:...
  • Consumer lending business Wisr (WZR) spiked today after reporting record new loans over the September quarter
  • The company recorded $61.9 million in new loan originations over the September quarter
  • This is 47 per cent higher than the loan originations over the June quarter of 2020 and a record-breaking 166 per cent higher on the September quarter in 2019
  • On top of this, Wisr’s average credit score of 732 for the September quarter is the highest in company history
  • Wisr CEO Anthony Nantes said the company has an unblemished record of quarter-on-quarter growth
  • Shares in Wisr closed a neat 10.81 per cent higher this afternoon at 20 cents each

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories