tiprankstipranks
MoneyMe Secures A$125 Million Funding with iPartners
Company Announcements

MoneyMe Secures A$125 Million Funding with iPartners

MoneyMe Ltd. (AU:MME) has released an update.

Pick the best stocks and maximize your portfolio:

MoneyMe Ltd. has announced a new strategic funding partnership with iPartners, securing a A$125 million facility to refinance existing debt and fuel loan book growth. This initiative promises improved terms and supports MoneyMe’s growth strategy into 2025, with an initial drawdown of A$65 million and an additional A$60 million available. The collaboration is expected to bolster MoneyMe’s competitive edge in the digital lending market.

For further insights into AU:MME stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App