Because they are non-conforming loans that retail banks will not fund. They are competing with the likes of Money3. The MNY Australian gross loan book tripled from FY 15 to FY 19 ($107m to $310m )so pretty similar in percentage terms at least.
FSA Price at posting:
$1.32 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)