Investor Fact Sheet

Name: Latitude Financial Services
Business Description:

Latitude is a digital payments, instalments, and lending platform. 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 the purchasing of household items. Latitude traces its recent corporate history back to a range of 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 of investors consisting of KKR, Värde Partners, and Deutsche Bank acquired the business from GE, and the business was subsequently renamed Latitude Financial Services. The business today provides a range of payments and instalments products (including LatitudePay, Genoapay, Gem Visa, GO Mastercard, and CreditLine), and lending products (28° Global, Infinity Rewards and Low Rate credit cards, as well as Latitude personal loans and motor loans1) in Australia and New Zealand. Headquartered in Melbourne, Australia, Latitude employs approximately 800 FTE staff as at 31 December 2023.

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

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
Aneek Mamik - Non-Executive Director
Beaux Pontak - Non-Executive Director
Executive Management: Bob Belan - Managing Director & Chief Executive Officer
Paul Varro - CFO & Executive General Manager, Finance
Mark Brudenell - CRO & Executive General Manager, Risk
Paul Byrne - Executive General Manager, Money
Karl Hoffman - Executive General Manager, Corporate Strategy & Transformation
Felicity Joslin - Executive General Manager, People & Culture
Adriana Martinez - Executive General Manager, Pay
Vicki Letcher - Company Secretary
Tiffany Barton - Company Secretary
Website: 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)