FinTechFunding

Wisr: Reports record new loans over September quarter

  • Consumer lending business Wisr (WZR) spiked today after reporting record new loans over the September quarter
  • The company recorded $61.9 million in new loan originations over the September quarter
  • This is 47 per cent higher than the loan originations over the June quarter of 2020 and a record-breaking 166 per cent higher on the September quarter in 2019
  • On top of this, Wisr’s average credit score of 732 for the September quarter is the highest in company history
  • Wisr CEO Anthony Nantes said the company has an unblemished record of quarter-on-quarter growth
  • Shares in Wisr closed a neat 10.81 per cent higher this afternoon at 20 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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