• New $300m credit card warehouse financing facility
• 2-year term with ability to extend
• Secured with leading global bank and Australian credit fund

MONEYME has announced the establishment of a new $300 million credit card warehouse financing facility. The new facility has an initial total limit of $300 million for funding MONEYME's credit card assets, with the ability to upsize to support further growth. The term of the facility is 2 years, with the option to extend by mutual agreement, which is typical for warehouse facilities of this nature. A leading global bank was selected as the senior financier, and an established Australian credit fund as the mezzanine financier, following a competitive process. The new warehouse facility provides MONEYME with materially better pricing terms compared to its existing warehouse financing for credit card assets. Subject to satisfaction of standard conditions precedent, the new warehouse will be available to commence funding in February 2026, ahead of the launch of MONEYME's new credit card product. MONEYME's Managing Director and CEO, Clayton Howes, stated that the new warehouse facility gives the company the runway and confidence to expand its credit card offering and execute its plan ahead of the anticipated 2026 credit card launch. The growth runway and strong pricing terms provided by the new facility are seen as a substantial step towards gaining market share opportunities and challenging the banks in the Australian credit card market.

The new $300 million credit card warehouse financing facility provides MONEYME with the runway and confidence to expand its credit card offering and execute its plan ahead of the anticipated 2026 credit card launch, enabling the company to gain market share opportunities and challenge the banks in the Australian credit card market.