MoneyMe (ASX:MME) share price rockets 8% on Autopay launch

MoneyMe Ltd (ASX: MME) shares were shooting for the stars on Wednesday after the company launched its latest product, Autopay. By the market’s close, the MoneyMe share price was trading at $1.55 – up 7.64%. By comparison, the All Ordinaries Index (ASX: XAO) ended the day 0.32% lower.

In other news impacting the personal finance company’s shares today, MoneyMe held its investor presentation, which was attended by Motley Fool Australia. 

Let’s take a closer look at today’s developments.

Autopay launches – MoneyMe share price floors it

The MoneyMe share price was speeding away today after the company announced in a statement to the ASX it had launched Autopay, “a secured vehicle finance solution for dealers”. MoneyMe…