Wisr than the big banks?

Alan Kohler here with today’s CEO and it’s Anthony Nantes who is the CEO of Wisr (WZR). It’s a non-bank lender for personal loans. Started off as Direct Money, which is a peer to peer lender, but when Anthony Nantes joined three years ago it pivoted, changed to become a non-bank lender taking money from institutions mainly. But it does still have a personal loan fund where it takes money from individual investors but it’s only providing less than 10% of the money that’s being used for lending. It’s an interesting business, a year ago shares were 4 cents, now they’re

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