Finance & Fury Podcast

Welcome to Finance and Fury, The Saw What Wednesday Edition – Question from Jack This is going to be a bit of a Q&A style episode – he did a lot of research and sent it through – making my job easy on this one – so thank you for that Jacks Question - I wonder what you think of WISR (WZR) as they have received a fair bit of media attention and commentator optimism. Before we get into it – a Short Bio on Wisr: Wisr is an Australian marketplace lender offering peer to peer lending services. It is known for being the first company of its type to be publicly listed in Australia – before 2018 - changed names from DirectMoney under a rebrand to Wisr But back in 2015 listed on the ASX through a reverse takeover of Basper Ltd, raising $AU11.2m at 20c per share Claims to be Australia’s first ‘neo lender’ offering cheaper loan rates (depending on credit history) than the big four banks. Issues small loans only between $5k and $50k then on sells them. The primary activity is writing personal loans for 3, 5 and 7 yea