Read the full article on The Market Herald here.
- MoneyMe (MME) has managed to accelerate its revenue, loan originations and customer receivables over the third quarter of FY21
- The fintech stock revealed its revenue had increased by 22 per cent quarter-on-quarter to total $15 million altogether
- The company's loan originations grew to $108 million, while gross customer receivables hit $233 million at the end of the quarter
- Additionally, MME said its funding costs reduced from 9 per cent down to 6 per cent, while its core operating costs margin has also dropped
- Going forward, the company is hopeful the ongoing business momentum will see MoneyMe record $19 million in contracted revenue over Q4
MoneyMe (ASX:MME) accelerates revenue over March quarter
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