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Wisr Accelerates Loan Growth with 77% Surge in Originations and Improved Margins

7:03pm on Monday 2nd of June, 2025 AEST Financial Services
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Wisr Accelerates Loan Growth with 77% Surge in Originations and Improved Margins

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Loan originations surged 77% to $93.5 million in Q2FY25
  • Loan book grew to $757 million, reversing prior moderation
  • Net losses improved, falling to 1.72% from 2.06% in prior quarter
  • Secured vehicle loans originations increased 230%, boosting credit quality
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