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Wisr Limited: Invests in European fintech platform Arbor

March 31, 2021

Wisr Australia’s first neo-lender and FinTech pioneer in the rapidly growing Australian consumer finance market
Announce it executed a term sheet to invest, via a convertible loan structure, in European financial wellness fintech platform, Arbor
If converted, the investment gives Wisr a small minority shareholding in Arbor, with a pathway to potentially increase the shareholding
The investment remains subject to finalisation of due diligence and legal documentation which anticipated by the end of April 2021
Strategic investment by Wisr opens up entry pathway to circa $1.76 Trillion (AUD) consumer finance market1 in EU
Arbor an EU based fintech with a financial wellness platform, utilising a digital wallet to offer savings