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SYDNEY, Oct. 11, 2022 /PRNewswire/ -- Digital lender and non-bank challenger MONEYMEis on track to deliver on its promise to shareholders to return to statutory profitability and achieve greater than $200 million in Net Revenue for FY23. The shift in strategic focus, announced in July following triple digit growth in FY22, comes as a measured response to the evolving macroeconomic climate in which market volatility is expected to continue, and investors increasingly prefer a proven ability to deliver profits. It's a strategy MONEYME has pursued successfully in the past, achieving profitabi...

Digital lender MoneyMe says it is on track to deliveron its promise to shareholders to return to statutory profitability and achieve greater than $200...

MoneyMe will not be proceeding with an earlier planned $20 million institutional placement. MoneyMe has decided to raise $25 million of funding to finance its SocietyOne acquisition through existing

Non-bank lender MoneyMe is set to acquire SocietyOne for approximately $132 million. Personal loan and tech provider MoneyMe has announced that it  has executed a merger mplementation agreement to

Deal brings together two of the fastest-growing brands in the non-bank space