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Wisr Accelerates Loan Growth with 77% Surge in Originations and Improved Margins
8:22am on Thursday 30th of January, 2025 AEDT
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Financial Services
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Wisr Accelerates Loan Growth with 77% Surge in Originations and Improved Margins
8:22am on Thursday 30th of January, 2025 AEDT
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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