We are hummgroup
HUMMGROUP IS REVOLUTIONISING THE WAY PEOPLE PAY
hummgroup is a diversified non-bank financial services institution offering business financing products, credit cards, and point-of-sale finance plans designed around the core needs of today’s shoppers, retailers, and small to medium enterprises.
hummgroup in numbers
FY23 Results
MARKET LEADER
In BNPL transactions up to $30,000 in value1
#2 NBFI
Commercial asset finance lender2
THE LEADING NBFI
Issuer of new credit cards in New Zealand (33% of market in 4Q21)
#1 BNPL FINANCER
In residential solar and home improvement in Australia
#1 BNPL FINANCER
In key health verticals-private audiology equipment and dental
B2B PLATFORM OF CHOICE
For blue chip partners to offer customers the latest trends in instalment payments
$75M
normalised cash profit (after tax)
$112M
of unrestricted cash at 30 June 2023
~$1.0B
warehouse headroom at 30 June 2023
$4.2B
in receivables +28% on pcp
1.8% +60bps
Group net loss/Average Net Receivables of 1.8% +60bps on pcp
5
countries of operation – Australia, New Zealand, Ireland, Canada and United Kingdom.
Flexicommercial
+23%
growth in brokers with 1+ deals in FY23
80%
of deals approved same day
~91%
broker satisfaction score.
hummgroup in numbers
2.7M
customers
1362
new sellers
$1.04B
transaction volume
5
countries
$1.04B
BNPL volume
$540.3M
commercial & leasing volume
FY21 Results
30 YEARS OF INNOVATING THE WAY PEOPLE PAY
Our product ecosystem of buy now pay later, credit cards, and business financing products has been designed around the core needs of today’s shoppers, retailers, and small and medium enterprises. We help people access not only the basics, like bus passes and groceries, but also fund significant life stages like home renovation, major dental and orthodontic work, fertility and everything in-between. Our commercial customers have a range of options to support them in building their businesses and driving the economy.
Our experience as a leader in financing customer needs – whether through working with our retail partners or making our offers direct to customers – provides the platform, stability, strength and the acumen to support us in our continuing innovation journey in the face of tech and service evolution.
We serve over 2.7 million customers throughout Australia, New Zealand, the United Kingdom and Ireland and have built success through a team of highly engaged and high performing people, all intent on revolutionising the way people pay.