Business
Latitude Financial keeps float dream alive, eyes Asian expansion – Sydney Morning Herald
Latitude Financial is exploring expansion into China, as it looks to accelerate growth by targeting the region’s fast-growing middle class.
Mr Fahour said the potential Chinese expansion had come to Latitude after it was approached by a partner with extensive access to China’s market, and there were other opportunities in Asia that it was also considering.
“In financial services, payments and instalments, history, longevity, strength, brand are really valued in Asia and we intend to develop our product for that market as well,” he said.
Mr Fahour outlined the overseas growth plans as he also said Latitude had agreed to a five-year…
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