Latest Funding Costs News

Wisr Limited has inked a $267 million loan funding warehouse facility led by Barclays, boosting its capacity to expand personal and secured vehicle loans. This move enhances Wisr’s funding flexibility and cost efficiency as it pursues aggressive growth.

Turners Automotive Group has reported a record FY25 performance, with net profit after tax rising 17% to $38.6 million and dividends increasing 14% to 29.0 cents per share, showcasing resilience amid challenging economic conditions.

Plenti Group Limited reported a stellar FY25 with a 126% surge in Cash NPAT to $13.8 million, driven by robust loan portfolio growth and operational efficiency. The fintech lender is targeting a $3 billion loan book by March 2026, leveraging technology and strategic partnerships.

Plenti Group Limited reported a robust FY25 with a 126% jump in Cash NPAT to $13.8 million and a 19% increase in its loan portfolio to $2.5 billion, driven by technology enhancements and strategic partnerships.

Commonwealth Bank of Australia reported a stable $2.6 billion cash profit for the quarter, maintaining strong capital and dividend payouts despite slight increases in consumer arrears and corporate credit risks.

Macquarie Group reported a 5% rise in full-year net profit to A$3.715 billion for FY25, driven by growth across its diversified businesses and a solid capital position. The group’s assets under management reached A$941 billion, supported by strong home loan and deposit growth.

National Australia Bank’s half year results to March 2025 reveal modest revenue growth and stable cash earnings amid competitive pressures and regulatory demands. The bank’s strong capital position and ongoing strategy execution underpin cautious optimism.

MPower Group has completed a pivotal equity conversion of its Narromine Renewable Energy Project, extinguishing $10.36 million in project funding and positioning itself for a $700,000 gain. The company also secured additional financing and advanced its renewable energy pipeline amid ongoing operational challenges.

Cassius Mining Limited reports significant progress on its Soalara Limestone Project in Madagascar, alongside ongoing international arbitration against Ghana seeking USD 277 million in damages. The company also strengthens its balance sheet with recent equity raises totaling approximately AUD 1.53 million.

MONEYME’s loan book surged to $1.5 billion in 3Q25, driven by a 65% jump in originations and steady revenue, underpinned by improved credit quality and innovative AI deployment.

Wisr has upgraded its FY25 loan origination growth guidance to over 90%, driven by a 115% surge in Q3FY25 loan originations and improved credit quality metrics. The fintech lender’s disciplined growth and technology investments position it well for scaling in a shifting personal and vehicle lending market.

GreenX Metals advances its Tannenberg Copper Project with BHP funding and license expansion, while Greenland projects gain momentum amid soaring antimony prices. The company also confirms a £435 million arbitration award against Poland, facing ongoing legal challenges.