Business
Revenue growth pushes Wisr (ASX:WZR) share price higher
The Wisr Ltd (ASX: WZR) share price is climbing today as the company announced a positive quarterly report for the period ending 31 December 2020. Shares in the neo lender are currently trading 2.7% higher at a price of 19 cents.
Wisr is a small cap Australian fintech company that operates in the marketplace lending industry. The company’s app aims to help people pay down debt and enables users to compare credit scores. It also has recently launched a vehicle lending product.
Why the Wisr share price is flying higher
In today’s release, the company advised its Wisr Warehouse funding model continued to drive growth for the company. As such, Wisr saw strong 43% growth on last quarter as revenue increased to $5.9 million. This…
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