From the latest Pie Funds report:
I was really impressed with Money3’s presentation at the conference. Money3 has been an extremely successful aggregator of lending businesses and the results are now becoming obvious as its earnings are growing very strongly. 80% of Money3’s business by income is now in larger loan lending $1000+ and this is where its future earnings growth is coming from. Smaller loans are still provided to clients who meet strict criteria and the interesting point to me was that Money3 has led the industry in setting high standards for this area of lending. So for me we own a strongly growing company which also has very high ethical standards.
DR ROY KNILL, PIE FUNDS DIRECTOR
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