MoneyMe’s loan book hits $1.4b as growth momentum builds

MoneyMe delivered strong growth and strengthened its capital position in 2Q25
The company unlocked lending capacity with the completion of its $517m debut auto ABS transaction and a new $125m corporate funding facility
Funding optimisations achieved in 2Q25 will be fully realised in cost of funds benefits from 2H25

Special report: MONEYME (ASX:MME) capped off the December quarter attracting major capital and grew its loan book to $1.4b, with loan originations increasing by 54% on the prior comparative period.

Secured loans accounted for 62% of new loan originations in the quarter, excluding credit card usage, up from 49% in the December quarter of FY24, and down from 70% in the prior quarter.

MoneyMe (ASX:MME), a founder-led digital lender and Certified B Corporation, says the shift to secured lending continues to strengthen portfolio quality and unlock future growth by supporting more favourable funding terms.

Gross revenue remained broadly in line with the prior quarter at ~$50m for 2Q25, down on pcp in line with MoneyMe’s shift to higher credit quality assets and secured loans with a lower associated risk, while net credit losses improved to 3.7%.

MME managing director and CEO Clayton Howes said the company will continue leveraging strong Autopay demand to further increase the proportion of secured assets, which was 60% of the loan book for 2Q25.

“In the medium term, the loan book mix will be complemented by the introduction of a new credit card product and further growth in personal loans,” he said.

Growth to continue in FY25

Management anticipates continued loan book growth through FY25, with additional lending capacity unlocked by new growth capital in 2Q25.

“We strengthened our funding position and unlocked lending capacity with the completion of our $517.5m debut auto ABS transaction and a new $125m corporate funding facility.

“These initiatives will enable capital-efficient growth and funding cost reductions that will flow through in 2H25, supporting our overall margins. Additionally, anticipated RBA cash rate cuts in 2025 would further lower our cost of funds,” Howes said.

MME’s $517.5m auto ABS transaction completed in October last year added significant growth runway for its fast-growing Autopay product – a same-day lending solution for secured vehicle finance.

The product also leaves MME ideally positioned to build market share in the automotive finance sector, where fintech platforms can generate high rates of growth as banks step back from customer-facing operations into wholesale funding roles.

AI efficiencies and new product development

MoneyMe’ proprietary technology platform leverages high automation and artificial intelligence (AI) for fast credit decisioning and loan settlement, and the fintech lender says it added generative AI to its technology stack in 2Q25.

“Extending our technology advantage remains central to our strategy.”

“Our in-house built Gen AI application is now live, streamlining operations and enhancing customer service interactions,” Howes said.

MoneyMe says the internally developed application uses generative AI to respond to costumer communications, streamlining workflows and improving response speed and quality.

“We are also advancing the development of our revamped credit card offering, designed to fuel growth and drive strong returns,” Howes added.

This article was developed in collaboration with MoneyMe, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.