Moneyme eyes best day in over a year on increasing funding facility

Moneyme

01/07/2022 02:09

** Shares of Australian digital consumer credit firm Moneyme
 MME.AX  rise as much as 14% to A$0.650
    ** MME on track for its biggest intraday day pct gain since
June 2021 
    ** Co says it has increased its external securitisation
funding facilities to A$1.65 bln ($1.14 bln), with an undrawn
capacity of A$388 mln  urn:newsml:reuters.com:*:nASX1hBDGn
    ** Stock down 74.2% this year, as of last close, vs 11.4%
decrease in the benchmark S&P/ASX 200 index  .AXJO  

($1 = 1.4507 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))