DirectMoney is a pioneer in the Marketplace Lending industry.
Since commencing lending in October 2014, DirectMoney has rapidly grown its presence and has now lent to over 350 borrowers, with a total loan book value of approximately $6 million.
The loans are unsecured loans to personal borrowers who are resident in Australia (Personal Loans). The Company headed in Sydney, listed on the ASX via a reverse take over of Basper. The Deal was completed on the 3 July 2015 and DirectMoney commenced trading on the 13 July 2015.