Wisr Ltd. (AU:WZR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Wisr Ltd., an Australian fintech lender, is gearing up for growth after a challenging fiscal year 2024 with a strategic focus on enhancing its balance sheet and technical capabilities. The company secured a $50 million facility from Nomura, leading to substantial growth in loan originations by 30% in Q4FY24 and 54% in Q1FY25. This marks Wisr’s strategic shift towards expansion, promising an optimistic outlook for its financial future.
For further insights into AU:WZR stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Nvidia Stock Could Take a Beating from Supply Snags on Blackwell Chips
- ‘This Is Just Pure Hype,’ Says Top Investor About Tesla Stock
- Will Palantir Stock Crash to $28? Jefferies Sounds the Alarm
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
