Ashurst has advised global credit investor Fortress Investment Group (Fortress) on providing up to A$100 million in debt capital to fund the first MoneyMe warehouse securitisation trust.

MoneyMe is a successful fintech in the Australian personal loans market and will use the warehouse securitisation to fund its growing originations. The facility is significant because Fortress' involvement as senior financier highlights the growing universe of prominent financiers in the fintech securitisation market in Australia.

The team was led by partner Jennifer Schlosser (Global Markets) and included fintech securitisation specialists, senior associate Eugene Ng and lawyer Alexandra Rennie (Global Markets).