Latest Loan Products News

Tyro Payments delivered a robust FY26 with profit before tax up 40%, driven by growth in payments and banking, alongside strategic expansion via the Thriday acquisition and new CEO Nigel Lee’s leadership.

Beforepay Group reported a 57% jump in cash NPAT to $15.7 million for FY26, driven by strong advances growth and scaling of its Personal Loans product. The company also secured a $100 million credit facility to fuel further expansion.

Cash Converters posted 11% revenue growth in FY26 driven by franchise acquisitions and loan book evolution, while net profit fell 20% amid strategic shifts and one-off costs.

Credit Corp delivered a 12% profit rise to a record $105.5 million in FY2026, powered by a 57% surge in US debt buying earnings and a strategic entry into UK consumer lending.

Rent.com.au has delivered a second consecutive positive operating cashflow quarter, driven by strong RentBond® loan growth and recurring revenue surpassing $1 million per quarter.

Klevo Rewards has completed the acquisition of Just Ask Solar, gaining an Australian Credit Licence to support its digital financial services platform and explore credit products, including crypto-linked offerings.

Rent.com.au has set new records for RentBond® loan volumes in May 2026, fueling revenue growth and positive operating cashflow. The company is on track to double revenue and achieve EBITDA positivity by mid-2027, with recurring revenue surpassing 75% of total income.

Humm Group reported a 5.1% rise in average assets under management to $5.4 billion in 3Q26, despite lower loan originations and ongoing corporate irregular costs. Credit quality remains stable as the company navigates macroeconomic headwinds and strategic product transitions.

Harmoney has reaffirmed its FY26 cash NPAT guidance of $13 million, propelled by robust loan origination growth, margin improvements, and operational efficiencies from its Stellare® 2.0 platform.

Rent.com.au has expanded its senior debt facility to $15 million and extended its term, fueling record growth in its RentBond® loan product and enhancing profitability through increased cash funding.

Beforepay Group Limited reported a robust half-year performance with revenues climbing 18.7% and profit after tax nearly doubling, driven by growth in lending volumes and strategic expansion of its Carrington Labs credit analytics business.

Cash Converters International Limited reported an 8% rise in half-year revenue to $206.7 million, driven by franchise acquisitions and a shift in lending strategy. Despite a 17% dip in net profit due to one-off costs, the company declared a fully franked interim dividend and reinstated its Dividend Reinvestment Plan.