A positive quarter for DomaCom, with Funds Under Management (FUM) seeing continued growth plus a transformational agreement with AustAgri.
- FUM rose 4.6% in the first quarter of the 2021 financial year, to $74.7 million
- Agreement reached with AustAgri with DomaCom to receive at least $13 million in the first 5 years and FUM to swell by about $300 million.
- Final stages of agreement with leading Islamic finance group which will enable DomaCom to deliver a Sharia-compliant mortgage product
- Finishing touches on essential worker pilot program.