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Space is cold, but space investing is heating up. Space-linked stocks are rocketing higher Wednesday because a well-known Tesla bull has turned her gaze upward.
ARK Invest, founded by technology disruption guru Cathie Wood, is planning a new exchange-traded fund focused on space stocks, based on filings with the Securities and Exchange Commission.
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Space is cold, but space investing is heating up.
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Wisr reports strong prime lending growth
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Sarah Buckley
Sarah Buckley
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The personal lender closed the year with another quarter of strong growth, particularly from prime borrowers, new figures show.
Wisr has announced that it continued to see strong growth in new loan originations in the final three months of 2020.
According to the lender’s figures for the three months ending 31 December 2020, new loan originations grew by $83.8 million over the quarter – taking its total loan originations to $390.5 million since inception.
The new origination figures are up 165 per cent on the same period last year and represent a 35 per cent increase on the previous quarter.
The major bank has offered to suspend loan repayments on mortgages and personal loans for customers impacted by the recent bushfires in South Australia, as part of a new relief package.