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Latitude Financial Services information


Latitude Financial Services
Company typePublic
Traded as
ASX: LFS
IndustryFinancial services, Insurance
Founded2015
HeadquartersMelbourne, Australia
Area served
Australia; New Zealand
Key people
  • Ahmed Fahour (CEO)
  • Mike Tilley (Chairman)
Products
  • Personal Loans
  • Credit Cards
  • Car Loans
  • Personal Insurance
  • Interest Free Retail Finance
Operating income
Decrease AU$709.1 million
Total assetsDecrease AU$7,920.7 million
OwnerDeutsche Bank, KKR and Värde Partners
Websitelatitudefinancial.com.au

Latitude Financial Services (shortened to Latitude Financial or Latitude) is an Australian financial services company with headquarters in Melbourne, Victoria, also doing business in New Zealand under the name Gem Finance. Latitude’s core business is in consumer finance through a variety of services including unsecured personal loans, credit cards, car loans, personal insurance and interest free retail finance.[1] As of 2018 it had around a 6% share of Australia’s personal lending market, making it the biggest non-bank lender of consumer credit in Australia.[2]

  1. ^ Drummond, Shaun (2015-11-04). "GE Capital Finance to be renamed Latitude Financial". Sydney Morning Herald. Retrieved 2018-10-19.
  2. ^ "Rebranded Latitude fighting the big four over personal lending". Australian Financial Review. 2016-12-19. Retrieved 2018-10-19.

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