Pepper Money
| Company type | Public |
|---|---|
| Industry | Consumer finance |
| Founded | 2000 |
| Headquarters | North Sydney , Australia |
Area served | Ireland, Spain, South Korea, United Kingdom, Australia |
| Products | Residential mortgage lending, consumer loans |
Number of employees | 2000 (2021) |
| Website | www |
Pepper Money Limited, commonly referred to as Pepper Money, operates as a consumer finance enterprise with a focus on residential mortgage lending and consumer loans. It functions under the umbrella of Pepper Financial Services Group and maintains offices across Ireland, Spain, South Korea, and the United Kingdom.
History
Established in 2000 and headquartered in North Sydney, New South Wales, Australia, Pepper Money was under the management of Merrill Lynch from 2006 until 2010. The company made its debut on the Australian Securities Exchange (ASX) in July 2015, initially valued at A$470 million, with its market capitalization increasing to $600 million by the end of its first trading session.
In November 2017, KKR acquired Pepper Money for $657 million, leading to its removal from the ASX listings. During that year, Pepper collaborated with Pollenizer to support SmallStash, a fintech venture aimed at enhancing financial literacy among children.
Pepper Money reentered the ASX on 25 May 2021 and currently has a workforce of approximately 2,000 employees globally.
Sponsorship
Since 2015, Pepper has been a sponsor of the St Kilda Football Club and had previously sponsored the Western Sydney Wanderers Football Club between 2013 and 2018. Additionally, Pepper Money served as the main sponsor for the Illawarra Hawks NBL team during the 2021 season.
See also
References
- 2000 establishments in Australia
- Australian companies established in 2000
- Financial services companies established in 2000
- Companies listed on the Australian Securities Exchange
- Financial services companies based in Sydney
- Mortgage industry of Australia
- Mortgage lenders
- Financial advisors
- Asset management
- Kohlberg Kravis Roberts companies