MoneyMe rises as co becomes principal issuer of credit card for Mastercard in Australia

ReutersJul 11, 2025 1:28 AM

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Shares of consumer finance provider MoneyMe MME.AX rise 10% to A$0.165, their highest since July 1

Co to become principal credit card issuer for Mastercard MA.N in Australia

Also enters into an agreement with privately owned payment tech provider Episode Six to improve credit card infrastructure and enable multiple credit card products

Stock on track for best day since June 27, if gains hold

About 473,116 shares change hands, 1.7x the 30-day average of 280,609

Stock down 19.5% YTD, including moves in current session

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