MONEYME delivers 54 per cent loan origination growth and $24M operating cash profit

Digital lender MONEYME Limited (ASX:MME) has delivered a growth transformation in FY25, achieving operating cash profit of $24 million and loan origination growth of 54 per cent as its AI-powered credit products gain traction with customers.

The Sydney-based fintech, which provides car loans, personal loans, and credit cards through its proprietary technology platform, grew its loan book 28% to $1.6 billion while significantly improving credit quality metrics across its portfolio.

MONEYME delivered a turnaround from an $8 million operating cash loss in FY24 to $24 million profit in FY25, with the company maintaining operating costs at just over $50 million while loan originations surged to $915 million from $593 million in FY24.

MONEYME enhanced its proprietary artificial intelligence system, AIDEN, with generative and agentic AI capabilities. The company said AI-assisted customer interactions are achieving up to 30% higher customer satisfaction, while its technology platform enables loan settlements within 60 minutes.

MONEYME has invested more than 500,000 developer hours in its technology platform, creating an advantage over traditional lenders that typically take days to process applications. This technology focus seems to be resonating with customers, judging by MONEYME's Net Promoter Score of +69 compared to an average of +17 for the major banks.

MONEYME’s shift towards higher-quality borrowers has delivered benefits across funding and risk metrics. Average customer credit scores improved to 790 from 763 in FY24, while secured assets increased to 62 per cent of the loan book, up from 55 per cent.

With the higher credit quality book, net credit losses fell to 3.4% from 4.5%. The company's cost of funds decreased to 7.1% from 7.8 per cent.

MONEYME completed two significant funding milestones during FY25. This included a new $125 million corporate facility, and its inaugural auto asset-backed securitisation deal worth $517.5 million - the largest ABS transaction in the company's history. Total funding capacity was $2.1 billion at year-end, and the company said it had enough capital to deliver on its long-term growth ambitions. 

The company's Autopay vehicle loan product has been the key growth driver, with the Autopay loan book expanding 47 per cent to $912 million. MONEYME has onboarded more than 4,200 dealers and brokers to the Autopay platform, with distribution networks increasing by over 50 per cent during FY25.

MONEYME expects continued strong growth, with medium-term targets including a loan book of between $2 to 2.5 billion.  As part of its growth strategy, the company plans to launch a new credit card product in FY26, leveraging Mastercard's principal issuer status gained in July 2025, while positioning Autopay for direct-to-consumer expansion beyond its current broker and dealership distribution model.

While MONEYME reported strong operating cash flows, the company recorded a statutory net loss of $67 million, reflecting upfront expected credit loss provisions required under accounting standards for the rapidly growing loan book and one-off non-cash accounting adjustments. Normalised NPAT was a loss of $16 million.

With enhanced funding, improving credit metrics, and AI-driven operational efficiency, MONEYME appears well-positioned to capture greater market share as Australian consumers increasingly embrace digital-first financial services.

At the time of publication, MONEYME has a market capitalisation of approximately $104 million.