Major international backing for MONEYME securitisation signals broader shift toward collaborative fintech-banking model
The traditional narrative of fintech companies disrupting established banks is rapidly evolving into a more collaborative story, with global investors placing significant bets on partnerships that combine banking infrastructure with innovative technology platforms.
MONEYME’s recently completed $200 million asset-backed securities (ABS) deal demonstrates this shift in action, attracting 16 investors with 60% offshore allocation and representing a significant vote of confidence in Australian private credit from international markets.
The transaction, which priced last week and settled July 24th, featured six investors new to MONEYME public transactions, indicating growing international appetite for Australian fintech-bank partnerships that leverage traditional banking capabilities alongside next-generation technology solutions.
Record-breaking securitisation market points to sustained growth
The MONEYME deal contributes to what has become a landmark year for Australian securitisation markets. 2024 delivered record-breaking performance with $77 billion in total transactions, including 62 residential mortgage-backed securities (RMBS) deals worth $59.2 billion and 38 ABS deals valued at $18.5 billion.
Market analysts project the sector could reach $100 billion in total issuance, reflecting robust investor confidence in structured finance products that combine traditional banking expertise with fintech innovation.
MONEYME has emerged as a standout performer in this environment, executing approximately $700 million in ABS deals over the past year alone, with total securitisation volume exceeding $1 billion. The company’s $517.5 million auto loan securitisation in October drew strong international interest with 55% offshore allocation, establishing a pattern of sustained global investor engagement.
Strategic bank partnerships drive market access
The collaborative dynamic between major banks and non-bank lenders has become increasingly evident in deal structures. MONEYME mandated Westpac, Deutsche Bank, and Natixis to arrange the $200 million personal loan ABS on July 3rd, with Westpac serving as joint lead manager alongside Deutsche Bank.
This arrangement highlights a strategic symbiosis where major banks provide warehouse facilities and act as lead managers for fintech securitisations, while fintech companies contribute superior customer acquisition capabilities and technology platforms.
The successful completion with diverse investor participation shows 41.3% fund management allocation and 58.7% bank allocation, demonstrating the maturation of Australian fintech securitisation markets and their appeal to institutional investors seeking exposure to technology-driven lending platforms.
International capital flows signal market confidence
The strong offshore participation in MONEYME’s transactions reflects broader international recognition of Australian fintech capabilities and regulatory frameworks. Global investors are increasingly attracted to deals that combine traditional banking stability with fintech innovation, creating investment opportunities that neither sector could generate independently.
This trend extends beyond individual transactions to represent a fundamental shift in how international capital markets view fintech-banking partnerships. Rather than viewing these sectors as competitors, investors are recognising the value creation potential when established financial infrastructure combines with advanced technology platforms and data analytics capabilities.
The geographic distribution of MONEYME’s investor base, spanning domestic and international markets, indicates robust institutional support for collaborative fintech-banking models that deliver measurable performance while maintaining regulatory compliance and risk management standards.
For market participants evaluating fintech investment opportunities, the sustained international interest in Australian ABS deals suggests that partnerships combining banking expertise with technology innovation may represent the sector’s most sustainable growth trajectory.
Jeremy Liddle is the Managing Director of Third Hemisphere, a full service marketing, PR, and public affairs agency with offices in Sydney, Melbourne, Singapore, the US, Europe, and UK.
For media enquiries: media@thirdhemisphere.agency