Moola liquidators trying to find buyer for loan book

Moola offered short and long-term loans, some for the purchase of cars. (Image: NZME)

Wed, 14 Dec 2022

A search is under way to find a buyer for Moola’s loan books to pay creditors, the lender's first liquidators report says.It comes as a new report had found “phenomenal growth” for non-bank financial services.Steven Khov and Kieran Jones were called in last week as liquidators for Moola’s 10 subsidiary companies.It followed Moola’s parent companies, NZ Fintech Group Limited, NZ Fintech Solutions Limited and NZ Fintech Group Holdings, being tipped into receivership under a general security agreement with Partner...

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