Wisr grew its loan book, cut arrears, and increased originations in its first quarter of trading for the financial year 2026.
Fintech lender Wisr has reported continued momentum in its loan book growth, underpinned by a rise in personal and secured vehicle lending.
In its update for the first quarter of FY26 (ending 30 September 2025), the ASX-listed lender’s loan book increased 15 per cent year on year to $867.6 million.
The growth drove an 11 per cent uptick in revenue to $25.0 million compared to the prior year period.
For the quarter, loan originations surged 90 per cent on the prior year to $146.8 million.
The increase was partly driven by a 71 per cent jump in personal loan originations to $92.7 million, while secured vehicle loan originations soared 135 per cent on the prior year to $54.1 million.
Wisr reaffirmed its FY26 guidance, noting October originations were tracking ahead of the prior quarter.
Wisr’s credit performance also improved, with arrears of 90 days and over down 26 basis points to 1.14 per cent and net losses reducing 43 bps to 1.63 per cent.
Commenting on the lender’s first quarter of trading, Wisr CEO Andrew Goodwin said: “We are very pleased to deliver another strong quarter, extending the positive momentum from financial year 2025 into the start of financial year 2026.
“These results demonstrate the scalability of Wisr’s operating model and the benefits of our technology-led lending platform.”
In September, Wisr announced its fifth asset-backed security transaction, worth $250 million.
The company’s three warehouse facilities have a total commitment of $917 million, with $216 million undrawn. An extra $15.0 million remains undrawn from the corporate facility.
Wisr said it was “actively exploring opportunities” to refinance the corporate facility at an improved margin.
In August, Wisr launched a secured personal lending product, offering loans of between $10,000 and $65,000 (including fees), with vehicles used as security.
[Related: Wisr launches secured personal loan product]
