Wisr Ltd. (AU:WZR) has released an update.
Wisr Ltd. has reported a positive turnaround with a 7% increase in loan originations for Q4 FY24, following the establishment of a $50M debt facility with global financial services firm Nomura. The company also noted a significant rise in quarterly loan originations to approximately $67.5M, marking a 30% growth from the previous quarter. Additionally, Wisr has strengthened its cash position and is now poised for further expansion, with a focus on sustained profitability.
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