MME 1.43% 6.9¢ moneyme limited

MoneyMe (ASX:MME) increases funding capacity to $338m

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    • MoneyMe's (MME) increased its external funding capacity to $338 million, after restructuring its main warehouse facility
    • The company announced on Tuesday its MME Horizon 2020 Trust grew by $108 million, an increase of 47 per cent
    • The fintech stock will use the new funds to grow its customer originations as well as support its new vehicle finance product, AutoPay
    • Additionally, MME revealed its increased its corporate bond by $7 million in a bid to provide the business more capital for growth

    Read the Full Article on The Market Herald here
 
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