Solvar

Banking · Australia · 201-500 Employees

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Overview

Headquarters

40 Graduate Rd L 1, Bundoora, Victoria, ...

Phone Number

+61 390938255

Revenue

$136 Million

Stock Symbol

SVR

Industry

Banking Finance Software Financial Software Lending & Brokerage
ZI Rank: 2
Signal Type
Dec
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ZI Rank
2
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1
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2

About Solvar

Solvar Limited is a leading provider of consumer and commercial finance services across Australia and New Zealand. Founded in 2000 and formally known as Money3 Corporation Limited, the company was established to consolidate multiple finance operations. Solvar operates through three core brands: Money3 and Automotive Financial Services in Australia, and Go Car Finance in New Zealand. The company specializes in financial solutions with a strong technological foundation, supported by engineering and software development teams. As a publicly traded company on the Australian Securities Exchange (ASX), Solvar continues to expand its financial service offerings throughout the Oceania region.Explore more
Solvar's Social MediaPopular SearchesSolvar LtdSolvarSIC Code 61,614NAICS Code 52,522Ticker ASX: SVRShow more

Solvar Org Chart

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Chief Financial Officer

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Chief Operating Officer

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Group Financial Controller

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Solvar

$136M
201-500
Public
-
2000
SS
Siva SubramaniChief Financial Officer
$31.6M
51-200
Private
-
1955
DC
Dean CullenHead of Insurance
$30.7M
51-200
Private
-
-
HF
Hugh FunstonSales Manager
$23.4M
51-200
Private
-
1982
MH
Melita HowWestlawn Insurance Brokers - Brisbane Branch Manager
$22.7M
51-200
Private
-
2001
LH
Lee HagenbucherService Manager
$22.1M
51-200
Private
-
1989
VL
Val LivingsChief Financial Officer
$5.4M
51-200
Private
-
1996
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Company Profile Activity

i

Among all Finance companies

Low Activity

High Activity

Activity Insights

Solvar is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

Solvar is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Solvar.

Solvar Tech Stack

A closer look at the technologies used by Solvar

Most Recent Scoops

Divestiture
Solvar has announced that its New Zealand rundown is in its final stages, and the company expects to have very little to report about New Zealand in FY 2027 as the wind-down and regulatory matter will be principally complete.
Divestitures, Finance, Regulations
Layoffs
reported normalized net profit after tax of AUD 20 million, driven by cost management and the sale of the New Zealand business.
Earnings, Divestitures, Accounting, Financial Reporting, Finance
Divestiture
Solvar has announced that its New Zealand loan book and revenue are now below 10% of total business and will be immaterial in FY 2027. The partnership that led to the sale of the written-off loan book provides confidence for a clean exit, which has accelerated H1 profit with normalized net profit after tax of AUD 20 million.
Partnership, Earnings, Divestitures, Business Finance, Finance
Earnings
paid three dividends in the half year—two special dividends and one interim dividend—resulting in a payout ratio above 100%. The special dividends are driven by cash flowing back from New Zealand, and the company is carrying over AUD 50 million of free cash at the end of the financial year, sufficient to pay dividends and support ongoing growth of all three business units.
Earnings, Business Finance, Finance, Financial Operations
Earnings
Earnings, Forecasting, Finance
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Solvar News & Media

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Frequently Asked Questions Regarding Solvar

What is Solvar's stock symbol?
Solvar's stock symbol is SVR
What is Solvar's official website?
Solvar's official website is www.solvar.com.au
What is Solvar's Revenue?
Solvar's revenue is $136 Million
What is Solvar's SIC code?
Solvar's SIC: 61,614
What is Solvar's NAICS code?
Solvar's NAICS: 52,522
How many employees does Solvar have?
Solvar has 201-500 employees
What industry does Solvar belong to?
Solvar is in the industry of: Banking, Finance, Software
What is Solvar competition?
Solvar top competitors include: Esanda, Centrepoint Finance, Finlease, CarLoans.com.au
What technology does Solvar use?
Some of the popular technologies that Solvar uses are: Power BI, YouTube, Jira, Canva
Who is the CFO of Solvar?
Solvar's CFO is Siva Subramani
How do I contact Solvar?
Solvar contact info: Phone number: +61 390938255 Website: www.solvar.com.au
What does Solvar do?

Solvar Limited is a leading provider of consumer and commercial finance services across Australia and New Zealand. Founded in 2000 and formally known as Money3 Corporation Limited, the company was established to consolidate multiple finance operations. Solvar operates through three core brands: Money3 and Automotive Financial Services in Australia,... and Go Car Finance in New Zealand. The company specializes in financial solutions with a strong technological foundation, supported by engineering and software development teams. As a publicly traded company on the Australian Securities Exchange (ASX), Solvar continues to expand its financial service offerings throughout the Oceania region.Read More

What are Solvar social media links?
Solvar Linkedin page
Is Solvar a public company?
Yes, Solvar is a public company and is traded under the symbol SVR
See more information about Solvar

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