Australia's Moneyme jumps on funding facility extension
18/03/2024 02:14
** Shares of Moneyme MME.AX rise as much as 8.3% to
A$0.078, set to gain most Jan. 31 - if current trend holds
** Consumer lending firm says its MME Autopay 2021 warehouse
funding facility has been extended from A$375 mln ($246.19 mln)
to A$750 mln
** Co says extended funding facility will help in increased
originations growth
** Stock down 13.3% this year, as of last close
($1 = 1.5232 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))