Wisr appoints new Head of Digital following strong growth

Wisr continues strong growth trajectory with key appointments

Neo-lender announces key digital and business development appointments on the back of record growth

Sydney, 16 January 2019 – Wisr, Australia’s first neo-lender (ASX: WZR), has strengthened its digital and business development teams following strong growth in its personal loan and digital financial services businesses.

The company today announced former IBM iX Mobile Technology Director Per Thoresson has joined as Head of Digital whilst Kyle Abourizk has taken on a new role with the business development team.

On the back of being Australia’s fastest growing lender, Wisr has increased the talent base across the company in technology, sales, marketing and support teams based in Sydney, Melbourne and Brisbane. The company continues to go through a period of significant growth – including a 49% increase in new loans written last financial quarter.

Thoresson joins Wisr from IBM iX, where he specialised in the delivery of mobile and platform solutions across the Financial Services, Healthcare and Government sectors with multiple award-winning projects delivered across the Middle East and Africa regions.

Anthony Nantes, Chief Executive Officer, Wisr said “Thoresson will lead the company’s digital strategy – including new product introduction and development of existing digital channels.

“Wisr is focused on delivering industry-leading digital solutions that exceed borrower expectations. It has been a big part of our record growth during the past year,” Nantes said.

“More than 80,000 Australians have engage with Wisr through our digital channels this financial year and we continue to add new online customers every month. The appointment of such a senior professional will deliver an even more engaging experience and pave the way for future digital product innovation,” Nantes said.

The company also announced it had appointed Kyle Abourizk as Business Development Manager for NSW/ACT, WA and SA. His appointment came as Wisr recorded 46% in loan value growth through the broker channel for the quarter ending in September when compared to the previous financial quarter.

Today more than half of all finance brokers from Australia are able to assist clients with a Wisr loan, with the company having partnerships with 26 of the country’s leading aggregators. Wisr offers unsecured personal loans for $5,000-$50,000 for a wide range of purposes.

Peter Beaumont, Head of Growth, Wisr said “Wisr continues to strengthen its sales and operations team to support broker growth across the country. The new appointments will help brokers create new business streams more efficiently, and ultimately provides a better deal for their customers.”

The company has also updated its Wisr Broker Portal, which is part of Wisr’s unique and industry leading proprietary technology platform. The improvements include rate estimate tools which allow brokers to provide clients with loan eligibility and rate estimates without impacting their existing credit score, digital marketing content, new referral options, streamlined loan approval and low rate personal loans with no hidden fees.

/Public Release.