Record loan flows have lifted MoneyMe’s portfolio past a major milestone as auto finance retained its lead.
Digital lender and non-bank MoneyMe has reported sharp growth in personal lending and continued expansion in auto finance, taking its loan book beyond $2 billion in the financial year 2026 while improving its credit-performance metrics.
The lender’s total loan book rose 34 per cent over the year to $2.08 billion at 30 June 2026, from $1.56 billion a year earlier, supported by record originations of $1.23 billion.
Originations increased 34 per cent from $915 million in FY25 as MoneyMe expanded its Autopay vehicle-finance and personal-loan offerings.
Personal loans delivered the strongest growth across the portfolio, with the loan book increasing 51.7 per cent to $791 million, up from $522 million in FY25, lifting its share of MoneyMe’s total portfolio from 34 per cent to 38 per cent.
Personal-loan originations rose 77 per cent to $597 million during FY26, compared with $338 million in the prior year, while the average personal-loan size was $23,000.
MoneyMe said stronger demand and growth through its direct channel had driven the personal-loan result.
Its own share of personal-loan volumes climbed from 58 per cent to 78 per cent, although the lender said broker-originated volumes also increased during the year.
Managing director and CEO Clayton Howes said the FY26 performance represented a significant step in the lender’s growth strategy.
“FY26 marked an important inflection point for MoneyMe. We demonstrated that our strategy is delivering, growing the loan book to more than $2 billion while improving credit quality,” Howes said.
Auto finance retains portfolio lead
While personal lending gained share, vehicle finance remained MoneyMe’s largest product line at the end of FY26.
The auto loan book grew 29.3 per cent to $1.2 billion from $912 million in FY25.
Auto finance accounted for 57 per cent of the overall portfolio, compared with 59 per cent a year earlier, reflecting the faster expansion of personal lending.
Auto originations increased 11 per cent to $574.6 million, from $518.9 million in FY25, while the average auto-finance loan size was $41,000.
MoneyMe said that it had onboarded 5,600 dealers and brokers to its auto-finance suite, and that in August 2026, it also built capacity for customers to access vehicle finance directly through MoneyMe.
The lender characterised the year as a deliberate rebalancing of its portfolio.
Arrears and losses fall
MoneyMe’s growth came alongside lower credit losses and improved arrears.
Net credit losses fell to 2.4 per cent in FY26, down from 3.4 per cent in FY25, with the lender stating that the result was its lowest on record and marked the third consecutive annual improvement in the measure.
Its 90-plus-day arrears rate declined by 81 basis points to 0.8 per cent, while 30-plus-day arrears fell to 2.1 per cent.
MoneyMe said it was embedding artificial intelligence across its credit operations and using automation to improve scalability.
It added that its proprietary AI system was delivering benefits across credit decisioning, operations, customer service, and the broker experience.
Howes said MoneyMe would continue investing in its technology, brand, and product suite.
“We enter FY27 with a larger, higher quality loan book, an increasingly efficient operating model and multiple growth levers. While we continue to invest in AI, brand and our expanding product ecosystem, we believe MoneyMe is exceptionally well positioned to deliver increasing operating leverage and sustainable long-term earnings,” he said.
[Related: MONEYME hits ‘inflection point’ as loan book surges]
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