Investor Fact Sheet

Name: Latitude Financial Services
Business Description:

Latitude is the largest non-bank unsecured consumer lender in Australia and New Zealand and offers credit cards, sales finance, personal loans and auto loans. The company has 2.1 million customers and more than 470 merchant partners across 6,000 geographic locations. 

Latitude’s merchant partners include major retailers across a range of living and lifestyle categories, providing Latitude with scale and distribution for its products. Latitude’s lending products are also distributed by a network of over 5,000 accredited brokers in Australia and New Zealand.

Latitude has a long history in financial services since Australian Guarantee Corporation (‘AGC’), one of Latitude’s predecessor businesses, was founded in the 1920s, providing finance for purchasing household items. Latitude traces its recent history to acquisitions made by GE in Australia and New Zealand, including the Coles Myer store card, Nissan Finance, Avco Financial (including Hallmark Insurance) and AGC.

In 2015, a consortium consisting of KKR, Värde Partners and Deutsche Bank acquired the business from GE, and the organisation was renamed Latitude Financial Services. On 20 April 2021, Latitude listed on the Australian Securities Exchange (ASX). 

Today, the Latitude business provides a range of credit cards, sales finance, personal and auto loans and its brands include Gem Visa, GO Mastercard, 28° Global, David Jones cards as well as personal loans and motor loans1 in Australia and New Zealand. Headquartered in Melbourne, Australia, Latitude employs approximately 760 FTE staff as at 30 June 2024.

1Motor loans are not offered in New Zealand. Personal loans are used for this purpose. 

Business Established: 2015
Listings: Latitude Financial Services (LFS) is listed on:
The Australian Stock Exchange (ASX)
Registered Office:   Level 18, 130 Lonsdale St, Melbourne, VIC 3000
 +61 3 9058 2375
Board of Directors: Michael Tilley - Independent Non-Executive Chairman
Bob Belan - Managing Director & Chief Executive Officer
Mark Joiner - Independent Non-Executive Director
Alison Ledger - Independent Non-Executive Director
Julie Raffe - Independent Non-Executive Director
Phillip Busfield - Non-Executive Director
Beaux Pontak - Non-Executive Director
Executive Management: Bob Belan - Managing Director & Chief Executive Officer
Paul Varro - Chief Financial Officer & Executive General Manager, Finance
Adriana Martinez - Executive General Manager, Pay Division
Steve Rubenstein - Executive General Manager, Money Division
Felicity Joslin - Executive General Manager, People & Culture
Karl Hoffman - Executive General Manager, Corporate Strategy & Transformation
Mark Brudenell - Chief Risk Officer & Executive General Manager, Risk
Campbell Morrison - Chief Operating Officer, Executive General Manager, Enterprise Services
Vicki Letcher - Company Secretary
Tiffany Barton - Company Secretary
Website: www.latitudefinancial.com.auOpens in new window
Auditor: KPMG
A division of KPMG Financial Advisory Services (Australia) Pty Ltd
Level 38, Tower Three
300 Barangaroo Avenue
Sydney NSW 2000
Share Registry: Computershare Investor Services Pty Limited
452 Johnston Street,
Abbotsford VIC 3067
 +61 1300 555 159 (Australia)
 +61 3 9415 4062 (Overseas)