Wisr launches $267M warehouse
New warehouse facility led by Barclays to fund accelerating loan volume growth
Wisr Limited (ASX: WZR) is pleased to announce the execution of its third loan funding warehouse facility with an initial commitment of $267M. The facility supports Wisr’s ongoing growth strategy and has the potential to increase in size in line with the Company’s growth ambitions. Senior funding for the warehouse facility is provided by Barclays Bank PLC (“Barclays”) and was originated by Barrenjoey Markets Pty Limited (“Barrenjoey”) through its partnership with Barclays.
Key highlights include:
Initial warehouse size of $267M, with the opportunity to upsize as the loan book expands
Senior funding provided by Barclays, complemented by a new mezzanine funder to further strengthen and add flexibility to Wisr’s capital structure
Delivers improved funding costs, with the introduction of international capital enhancing Wisr’s funding profile and supporting access to deeper, more competitive markets for future term transactions
The facility supports both personal and secured vehicle loan originations
The Company’s total warehouse capacity now exceeds $900M across three facilities, with approximately $310M of undrawn capacity available
The new facility aligns with Wisr’s strategic objectives to expand debt capacity for loan book growth, diversify funding partners, and improve loan unit economics across its product suite.
All transaction documents are executed, with funding to commence upon satisfaction of standard conditions precedent.
Florian Ruff, Head of Funding and Treasury at Wisr said:
“We are thrilled to welcome Barclays as a new senior funding partner and value the confidence they have placed in our business. This facility represents a significant milestone for Wisr, providing the capacity to accelerate loan originations across both our personal and secured vehicle loan products.
“As we build on consecutive quarters of loan book expansion, this new warehouse further strengthens our funding platform and enhances Wisr’s financial resilience. This facility is a testament to the confidence leading global institutions have in our business model, our technology-led approach, and the high-quality lending outcomes we continue to deliver for all stakeholders.”
About Wisr Limited
Wisr (ASX: WZR) is a purpose-built Australian fintech lender. The proprietary Wisr platform combines digital lending along with financial tools and features to help Australians pay down debt, access credit, better understand their financial standing and make smarter money decisions. For more information, visit www.wisr.com.au
