Wizr has recorded rising originations across the board with its loan book surging past $1 billion.
ASX-listed fintech lender Wisr has reported “record” Q4FY26 and full-year loan originations and a 32 per cent increase in its loan book to $1.084 billion.
Wisr’s latest update revealed how rapidly its book has expanded over the past year, with both quarterly and annual originations recording double-digit growth.
The company said that at Q4FY26 its closing loan book stood at $1.084 billion, up 32 per cent on June 2025’s $824 million and 8 per cent higher than the March 2026 quarter’s $1.0034 billion.
In the June quarter, loan originations reached $198.1 million, a 41 per cent increase on Q4FY25’s $140.3 million and 6 per cent higher than the prior quarter’s $186.1 million.
For FY26 as a whole, Wisr recorded loan originations of $695.3 million, representing a 65 per cent increase on FY25’s $422.0 million.
Within those totals, the lender reported solid growth in both of its core product lines.
Personal loan originations in Q4FY26 were $108.7 million, up 22 per cent on the $88.9 million recorded in the prior corresponding quarter, while secured vehicle loan originations climbed to $89.4 million, a 74 per cent increase on Q4FY25’s $51.4 million.
Wisr said personal loans now accounted for 61 per cent of its book, with secured vehicle loans making up the remaining 39 per cent.
It further noted that its average loan size was currently sitting at $35,760.
The lender also emphasised the breadth of its third‑party distribution footprint, noting that it worked with 13,500 brokers on its panel.
Credit metrics improve as automation deepens
Alongside growth, Wisr sought to reassure stakeholders about the quality of its book, pointing to improvements in both credit scores and loss indicators.
It stated that the average credit score across the portfolio remained “strong” at 807 in June 2026, up slightly from 804 a year earlier.
The company also reported substantial reductions in arrears and losses.
It noted that 90-plus‑day arrears fell by 39 basis points over the year to 1.01 per cent, down from 1.40 per cent in June 2025, and improving by 13 basis points on the March 2026 quarter’s 1.14 per cent.
Net losses, meanwhile, improved by 36 basis points to 1.30 per cent, compared with 1.66 per cent in Q4FY25.
A key driver of that scalability, according to the update, has been the lender’s investment in automation and artificial intelligence.
Wisr said that 82 per cent of loans were now automatically approved by its AI-powered decision engine, up from 69 per cent in June 2024, and that 48 per cent of loan verification steps were automated, compared with just 9 per cent two years earlier.
The company said that it was “continuing to improve the customer experience through targeted AI and automation initiatives,” noting that this work included AI document fraud detection, automated asset verification, AI verification agents and streamlined income verification.
‘Structural tailwinds’ as banks retreat
Wisr framed its growth within a broader shift in the consumer lending landscape, where major banks have been stepping back from certain segments.
The lender said “structural tailwinds” were creating opportunities, pointing to data showing that the banks’ share of the personal loan market fell to 57.5 per cent in 2025 as they exit “key lending markets.”
Against that backdrop, Wisr outlined its current footprint in both unsecured and secured consumer credit.
It said that of an estimated $12 billion in annual personal loan originations, its own market share stands at 3.5 per cent, while in a $46 billion secured vehicle loan market it holds around 0.6 per cent.
Goodwin hails ‘landmark year’
Chief executive Andrew Goodwin used the result to declare FY26 a pivotal year for the business.
“FY26 was a landmark year for Wisr. We exceeded all four guidance metrics and delivered our first full year of Cash NPAT profitability,” he said.
“These results reflect continued strong demand and consistent execution across both personal and secured vehicle loans.”
Goodwin also underscored that the expansion had not come at the expense of credit discipline.
“This growth was achieved alongside continued improvement in credit performance,” he said, noting that the company was “scaling while maintaining the resilience of the book.”
Looking ahead, Goodwin said Wisr was entering the new financial year with growing scale and deeper automation.
“Having delivered on our FY26 commitments, we enter FY27 with strong momentum and a business that is scaling profitably,” he said.
The company said it expected to deliver FY27 Cash NPAT of at least $5 million, which it described as “a significant increase from unaudited FY26 Cash NPAT of $1 million.”
[Related: 1 in 3 SMEs using non-banks for lending needs]
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