Company Interview / MoneyMe's market momentum

David Wright, Chief Financial Officer of MoneyME (ASX:MME) highlights the company's strong growth and competitive edge. MoneyME's (ASX:MME) secured asset focus results in a $1.5 billion book, with a 6% quarterly and 27% annual increase. David discussed the stability of net interest margins and positive tailwinds from rate cuts.

Loan origination is up by 65%, and the credit card segment is expanding, driven by innovative tech. MoneyME (ASX:MME) is unique as a variable-rate lender, passing on savings swiftly to customers. The company is excited about new credit card opportunities, planned for launch this year.

Generative AI enhances customer service and operations at MoneyME (AS:MME) . David sees the tech as a game-changer for underwriting, aiming for faster, high-quality service. The company's strength lies in their rapid settlement process, which earns positive feedback across their network.