PRESS RELEASE: Aspire42 secures a $20m extension to it loan facility

Latest Press Release

Gold Coast Jan 2024: The Australian conglomerate Aspire42 secured a further $20m in funding from a syndicate of lenders, including cornerstone lender Realside Investment Group who has been joined by Roadnight Capital.

With these funds, Aspire42 will continue its investment in core consumer brands WalletPay and Snaffle.

Consumer Finance has always been an integral part of the Aspire42 offering and it is premised on the belief that everyone is entitled to fair and transparent funding options.

Group CFO of Aspire42, David Ingham, said “We appreciate the support and trust provided by our funders, particularly Realside and Roadnight. I believe we have together demonstrated that the Aspire42 WalletPay model is one that resonates with consumers and merchants alike. We look forward to our next phase of growing the business and becoming a significant corporation that creates new jobs and wealth for Australia”

Investment Director at Realside Capital, Matt Nesbitt, said “We are happy we can continue to support the team at Aspire42. We have a long history with the team and the facility extension is a testament to the trust and relationship we have built with them and their core shareholders.”

Richard Davies, CEO of Roadnight Capital said “One of the most satisfying parts of our job is to watch and be part of the growth journey of many businesses across Australia. We are confident that Aspire42 will provide a valuable contribution and we look forward to being part of that corporate journey”

About Aspire42: Aspire42 was created in June 2020 and provides innovative and genuine finance solutions for consumers and small businesses via the brands WalletPay and MyMates Finance. (Aspire42.com.au)

Media Contacts:

Name: David InghamCompany: Aspire42 Pty LtdEmail: [email protected]Phone: +61 418 494 010

Attachments:

January 8, 2024/by Reland Pigte

About Aspire42 Pty Ltd

Aspire42 was created in June 2020 and provides innovative and genuine finance solutions for consumers and small businesses via the brands WalletPay and MyMates Finance.

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