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Why the Wisr (ASX:WZR) share price is on the move



The Wisr Ltd (ASX: WZR) share price is one to watch today. Shares in the Aussie financials group are climbing higher after posting a 19th consecutive quarter of growth. At the time of writing, the Wisr share price is trading for 23 cents, up 2.22%. 

Why is the Wisr share price climbing?

Wisr this morning provided a quarterly update for the quarter ended 31 March 2021 (Q3 2021). The Aussie non-bank lender reported a record loan origination growth of $97.8 million. This represents a 17% increase on last quarter and 151% increase on Q3 2021.

Total loan originations came in at $488.3 million as at 31 March 2021. Wisr reported that secured vehicle loan products were delivering strong results in limited channels. That product line…

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