Neo-lender continues growth on panel

The fintech saw loans through the broker channel grow by 46% in a quarter last year

Neo-lender continues growth on panel


By Rebecca Pike

More than half of all brokers in Australia can offer finance through neo-lender Wisr, bolstered by its most recent appointment on a broker panel.

The digital lender which offers unsecured personal loans has joined the customer lending panel of Platform Finance.

The appointment follows a period of growth in Wisr’s personal loan business through the broker channel. It recorded a 46% quarter on quarter growth in loan settlements through the broker channel at the end of September 2018.

Peter Beaumont, head of growth at Wisr, said, “Wisr has a sharp focus on growing and supporting our broker channel. 

“We are extremely pleased to be working with Platform Finance. We aim to help their brokers create new business streams while providing a smarter, fairer, wiser deal for their customers.”

To support its recent growth the company has made two key appointments in the business development and digital channels.

Kyle Abourizk has been promoted to business development manager, focusing on New South Wales, Western Australia and South Australia.  Abourizk will work with the national business development team to support brokers and strengthen operations across these important markets.

The company also appointed Per Thoresson as head of digital. Thoresson joins Wisr from IBM IX, where he specialised in the delivery of mobile and platform solutions across the financial services, healthcare and government sectors with multiple award-winning projects delivered across the Middle East and Africa region.

Anthony Nantes, chief executive officer at Wisr, said, “Thoresson will lead the company’s digital strategy, including new product introduction and development of existing digital channels.

“Wisr is focused on delivering industry-leading digital solutions that exceed borrower expectations. It has been a big part of our record growth during the past year.

“Almost 80 thousand of Australians have engaged with Wisr through our digital channels so far this financial year and we continue to add new customers every month.

“The appointment of such a senior professional will deliver an even more engaging experience and pave the way for future digital product innovation,” Nantes concluded.

Wisr has almost tripled the number of staff during the past 12 months, across technology, sales, marketing and support teams based in Sydney, Melbourne and Brisbane.


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