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How Is Humm Group Growing Assets 10% Amid Regulatory and Tech Challenges?

2:43am on Monday 2nd of June, 2025 AEST Financial Services
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How Is Humm Group Growing Assets 10% Amid Regulatory and Tech Challenges?

2:43am on Monday 2nd of June, 2025 AEST
Key Points
  • 10% growth in assets under management to $5.3 billion
  • Net interest margin steady at 5.5%, net loss to receivables at 1.8%
  • Consumer volumes up 3%, commercial volumes down 2.8% amid SME slowdown
  • IT platform modernization and hybrid loan product launch underway
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