Moneyme Ltd
MoneyMe executes debut Autopay asset-backed securitisation deal worth $517.5m
Australian private lender MoneyMe (ASX: MME) has executed its debut asset-backed securities deal with a $517.5 million term securitisation of auto loan receivables. The transaction, which originated through the company’s Autopay product, was reported to have been priced competitively with Class A1 notes priced at 135 basis points over one-month bank bill swap rates. The […]
Who’s who in the burgeoning listed non-bank sector
More non-bank lenders are clamouring to list on the ASX, but is it a harbinger of a permanent new banking paradigm or a sign the bull market is nearing a peak? We’re not talking about the buy now pay later (BNPL) sector, which has become a crowded ASX-listed cohort in its own right. Rather, the […]
MoneyMe lists on the ASX to expand its edge against banks and compete with buy now pay later market
Making a pre-Christmas run on the ASX is MoneyMe, an online consumer credit business following in the footsteps of Buy Now Pay Later (BNPL) heavyweights such as Afterpay (ASX: APT) and Zip Co (ASX: Z1P). The Sydney-based personal loan group has raised $45 million through an initial public offering, issuing 36 million shares priced at […]