ASX-listed MONEYME have announced that it has executed an asset-backed securities deal in the personal loan asset class with the MME PL 2025-1 Trust.
The $202.75m term securitisation of personal loan assets were originated by MONEYME and SocietyOne.
Clayton Howes, MONEYME’s Managing Director and CEO, said, “We are very pleased with MONEYME’s $202.75 million term securitisation of personal loan assets, our first ABS transaction for FY26 which has lower cost of capital benefits. The AAA (sf) credit ratings for the Class A notes represent 70.2% of the collateral portfolio, reflecting strong credit quality and improved performance of our personal loans.
“MONEYME’s growth, strong credit performance and expanding relationships with both domestic and global investors is delivering pricing advantages, improving capital efficiency, and further building the foundation for long-term partnerships.”
The demand for ABS notes exceeded the volume offered, with both existing and new investors participating in the transaction.
Disclosure: At the time of writing, Australian FinTech Pty Ltd is a shareholder of MONEYME Limited.
