MA Money appoints new state manager

MA Money has appointed Ebony Maxwell as the Victorian state manager, while Dayna Manser has taken on the role of business development manager as the non-bank continues to build its team and presence.

Ms Maxwell’s appointment as the Victorian state manager is expected to contribute to MA Money’s growth in the region and build on the lender's ongoing push to reposition itself from “a niche lender to a genuine non-bank lender”.

Ms Maxwell, who previously served as a regional sales manager at Bluestone Home Loans, expressed her excitement about joining MA Money as the state sales manager for Victoria and Tasmania.

Taking to social media, she said: “I am incredibly grateful for this opportunity to be part of such an innovative and dynamic team. MA Money has a remarkable reputation in the industry and I am eager to contribute to their continued success."

The recently appointed head of sales and strategic partnerships, Alex Brgudac, commented: “Ebony and Dayna were both formerly with Bluestone Mortgages Asia Pacific and they are highly regarded within the broking industry.

“As we expand our sales and business development teams, we will be offering even more hands-on support to brokers.

“With the big plans for MA Money and the backing of MA Financial, we are very confident about the future, particularly with such high calibre people joining our leadership team.

“MA Money is a company making great strides and that is proving attractive to key personnel who want to be a part of our continued expansion.”

MA Money reports record lodgements

Since being acquired by MA Financial in February 2022, MA Money has experienced “extraordinary growth”, Chris Wyke, joint chief executive of MA Financial said.

He highlighted that over the six months leading up to June 2023, the company’s lodgements had grown by more than 500 per cent, reflecting the positive response from brokers to MA Money’s product offering.

In addition, MA Money has maintained a 48-hour processing period since its launch.

Mr Brgudac added that while there are traditionally growing pains when building a large-scale business, MA Money has big plans.

“MA Financial chose to invest heavily in ensuring it delivered the key considerations of consumers and brokers when choosing a lender, which has underpinned the remarkable growth,” Mr Brgudac said.

[Related: MA Money appoints head of sales and strategic partnership]