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MoneyMe reveals detailed talks with potential buyer – The Australian Financial Review

Consumer finance company MoneyMe takes the prize for most interesting disclosure with its half-year results on Wednesday morning.

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Fundies were quick to point to one of the big banks, which are actively snapping up fintechs; think National Australia Bank acquiring 86400, ANZ Banking Group buying into Cashrewards and CBA driving a merger between Aussie Home Loans and Lendi. Also, Bank of Queensland has just snapped up online-only lender ME Bank.
It makes sense that it would be a party that missed out on Afterpay and Zip Co, and is chasing a slice of the emerging consumer finance sector.
Howes said he. the board and its advisers,…

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