June 2022
Abercrombie back in Humm chair, Fahour extends options deal
The consumer finance group said former Bank of Queensland CEO Stuart Grimshaw is one of two new directors after board resignations triggered by the failed deal with Latitude.
- James Eyers
April 2022
Ahmed Fahour’s plan to take down the big banks
The Latitude CEO is convinced the four’s dominance will be over within the decade and the industry will have to respond to how consumers want to bank.
- Ayesha de Kretser
February 2022
All the profit results for February 21, 2022
Results briefing | News and analysis on today’s profit results from Adairs, Altium, Ampol, BlueScope, Chorus, Cooper Energy, Endeavour, GDI, Hansen, Helloworld, Latitude, Lendlease, Maca, NIB, Nuix, OZ Minerals, Reliance, SelfWealth, Senex, Silver Lake, Sonic Healthcare, Starpharma, Super Retail, Tyro, Viva. Find updated reports and analysis here.
- Andrew Hobbs
Latitude boss says rising rates will also lift household borrowing
Ahmed Fahour says he is confident of arresting a contraction in Latitude’s interest revenue after customers used low rates to retire debt.
- James Eyers
December 2021
Latitude says Asia to match Australia and NZ earnings in five years
Ahmed Fahour’s Latitude Financial is targeting big returns from Asia’s growing buy now, pay later market.
- Ayesha de Kretser
Financial counsellors want government review of BNPL debt
Legislators must respond urgently to the explosion in usage of BNPL and increased prevalence of hardship, says Financial Counselling Australia.
- Jonathan Shapiro
August 2021
- Opinion
- Mergers & acquisitions
Why Ahmed Fahour paid a king’s ransom for an unremarkable start-up
Latitude Financial Services paid $200 million for a tiny start-up called Symple, deterred neither by its dubious spelling nor its mere $5 million in revenue.
- Adir Shiffman
May 2021
- Exclusive
- Team building
Tilley’s pipe dream ends in frozen company
Tubi is an unusual failure for Latitude chairman Mike Tilley, who says it was humbling trying to build a manufacturer that would make mining cheaper.
- Aaron Patrick
April 2020
Latitude waives 50 per cent of balances for long-term debtors
Ahmed Fahour's non-bank lender has offered to waive 50 per cent of the credit card debt from customers in default, providing they can cough up the rest in two weeks.
- James Frost
October 2019
KKR's PropertyGuru in latest float flop
PropertyGuru's $1 billion Australian listing has become the third initial public offering in just over a week to be pulled at the eleventh hour.
- Jemima Whyte
Why Ahmed Fahour is a target
Australia Post chairman John Stanhope has defended the legacy of Ahmed Fahour at the government-owned logistics group. "When you put yourself out there as he does, then you paint a target on yourself," Mr Stanhope told AFR Weekend.
- Jemima Whyte
- Opinion
- Chanticleer
In a mixed-up market, growth is still a focus
There's a fascinating juxtaposition between capital raisings by Latitude Financial and RFG. But in a fickle market, a Citi veteran says growth is a focus.
- James Thomson
September 2019
Latitude chairman defends Fahour mega pay package
Latitude CEO Ahmed Fahour has 'skin in the game', says his chairman Mike Tilley.
- Jonathan Shapiro and Aleks Vickovich
July 2019
- Opinion
- Chanticleer
Revealed: Latitude's strategy to take on Afterpay
A buy now, pay later product and faster digital delivery of credit cards will form the centrepiece of a new growth strategy being developed by the country’s largest non-bank lender, Latitude Financial.
- Tony Boyd
June 2015
Yatango to launch post-IPO online travel platform
Australian consumer technology platform Yatango will add a new online travel portal towards the end of the year following its IPO in July, after signing partnership agreements with Expedia and travel tech company Sabre Corporation.
- Updated
- Paul Smith