MoneyMe Secures AU$120 Million Facility Led by Fortress Investment Group

MoneyMe is an Australian consumer lending fintech focused on the millennial market; Fortress Investment Group led the facility which also included Evans & Partners; Clayton Howes, CEO and Co-Founder of MoneyMe stated, “A capital investment of this magnitude is recognition of the strength and depth of our value proposition, and an indication of the strong potential for Australian fintechs to capture serious wholesale market funding.” Source