Business
Latitude buys Symple for $200m in personal loan push – The Australian Financial Review
The Ahmed Fahour-led non-bank lender is making a push into the $11b personal loan market by acquiring a fintech set up two years…
It is the first acquisition for Latitude since it listed on the ASX in April at a $2.67 billion valuation. Its shares responded positively to the deal and were up 5 per cent at $2.40 after an hour of trading.
Latitude said it would roll its existing car…
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