Business
MoneyMe Reaches $1.75bn Loan Book, Expands Funding Platform and Product Range
SYDNEY, AU / ACCESS Newswire / March 3, 2026 / MONEYME Limited("MONEYME") announces its results for the half year ending 31 December 2025. 1H26 Results Highlights*: MONEYME's loan book increased by 26% to $1.75bn**, compared to 1H25. This growth was ...
About this update from Moneyme Ltd.
[{"type":"text","content":"SYDNEY, AU / ACCESS Newswire / March 3, 2026 / MONEYME Limited ("MONEYME") announces its results for the half year ending 31 December 2025.","length":149,"tagName":"p"},{"type":"text","content":"1H26 Results Highlights*:","length":25,"tagName":"p"},{"type":"text","content":"MONEYME's loan book increased by 26% to $1.75bn**, compared to 1H25. This growth was delivered with continued high credit quality, as net credit losses reduced to 2.9%. Gross revenue of $117m and net interest margin of 6.8% reflect the higher proportion of secured loans (now at 61% of the loan book).","length":305,"tagName":"p"},{"type":"text","content":"Operating cash profit of $9.9m demonstrates continued strong underlying performance. MONEYME's funding platform was significantly strengthened through a $455.4m Autopay ABS transaction and a new $300m credit card warehouse facility.","length":236,"tagName":"p"},{"type":"text","content":"Strong growth and underlying performance:","length":41,"tagName":"p"},{"type":"text","content":"Loan book of $1.75bn (up 26% vs. $1.39bn, 1H25) - driven by originations up 18% to $536m across an expanding broker, dealer and direct-to-consumer network.","length":155,"tagName":"p"},{"type":"text","content":"Gross revenue of $117m (up 17% vs. $100m, 1H25) - underpinned by a larger, higher credit quality portfolio with secured assets at 61% and closing average credit score of 799.","length":174,"tagName":"p"},{"type":"text","content":"Net interest margin (NIM) of 6.8% (down 1.0% vs. 7.8%, 1H25) - anticipated, reflecting the shift to secured lending and higher credit quality assets with more sustainable, longer-term income.","length":191,"tagName":"p"},{"type":"text","content":"Risk-adjusted NIM (RNIM) of 2.1% (up 0.3% vs. 1.9%, 1H25) - progressing toward the 3.0%-3.5% target, supported by lower cost of funds (6.6%, down 0.8% vs. 7.4%) and reduced net credit losses (2.9% vs. 3.7%).","length":207,"tagName":"p"},{"type":"text","content":"Net credit losses of 2.9% (down 0.8% vs. 3.7%, 1H25) - improving arrears and strengthened risk profile, with average credit score at 799 (Equifax "Very Good" category).","length":178,"tagName":"p"},{"type":"text","content":"Secured assets of 61% (vs. 60%, 1H25) - Autopay at $1bn (59% of book), now expanded into private car sales with strong early adoption.","length":134,"t...