Latest Financial Services News

Credit Corp Group has reaffirmed its FY26 guidance, highlighting robust earnings growth driven by operational improvements across its US debt buying and Australian/New Zealand lending segments.

Peppermint Innovation has secured major partnerships with ECPay and BTI Payments, vastly expanding its physical cash-in and bill payment network across the Philippines and enhancing accessibility for millions of cooperative members.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

Clime Investment Management has firmly rejected allegations of a formal ASIC investigation following a misleading media report, clarifying that only a preliminary inquiry occurred.

Pioneer Credit has successfully negotiated a 100 basis point margin reduction on its $272.5 million senior finance facility, significantly lowering its borrowing costs and reaffirming strong profit guidance for FY26.

Whitefield Industrials reports a $10.5 million net profit for H1 2026, with a strong 17.1% annualised return over three years, maintaining its track record of benchmark outperformance and announcing a 10.5 cent fully franked dividend.

MONEYME reported a robust start to FY26 with a 26% increase in its loan book and improved credit metrics, driven by strong originations and strategic product expansions.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 franchise stores, expanding its corporate footprint on Australia's East Coast. The move aligns with its growth strategy targeting disciplined franchise acquisitions in Australia and the UK.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 Australian franchise stores, aiming to expand its corporate store network and enhance earnings. The move is backed by major shareholder EZCORP, signaling confidence in the company’s growth strategy.

One Click Group reported a robust September quarter with $1.6 million positive operating cash flow and 27% revenue growth, fueled by strong user acquisition and a new cash advance product rollout.

Netwealth has lodged a formal application for government financial assistance following a $101 million exposure linked to alleged fraud in the First Guardian Master Fund, impacting over a thousand members.

Wisr has reported a robust start to FY26, with loan originations soaring 90% year-on-year and a 15% expansion in its loan book, supported by improved credit quality and a solid capital position.