Founded in 2009 and listed on the Australian Securities Exchange (ASX: PNC) in 2014, Pioneer Credit is a specialist in acquiring and managing consumer debt. The company purchases portfolios of accounts, primarily from major banks and other credit providers, at a discount to their face value. Pioneer's core business involves working collaboratively and respectfully with its customers to help them manage their outstanding debts and create sustainable, long-term repayment solutions. After facing financial difficulties, the company entered voluntary administration in March 2020 but was successfully recapitalized and its shares were reinstated for trading on the ASX in March 2021.

Founded in

Australia