Emerging financial services player Wisr, self-proclaimed as Australia's "first neo lender", reported "operational revenue" of A$1.2 million for the half-year ended December 2018. This was an increase of 59 per cent over the comparable period last year, off the back of growing loan origination across the business. Wisr reported a quarter-on-quarter increase in new loans of 62 per cent, and said it wrote $28 million in new loans in 1H19 - a 441 per cent rise on the comparable half for 2017/18.Despite the positive spin given by these numbers, the group reported a pre-tax loss of $3.5 million, a 12 per cent increase on 1H18, which it stated was partly due to higher employment costs associated with its rapid business growth. All these half-year results were broadly in line with the group's recently announced unaudited second quarter trading update.Wisr's investor presentation also highlighted the growth of its broker channel during the period, when the large mortgage broker aggregator, Connective - with almost 3,000 brokers - was added to its lender panel in August 2018.The group continued to burn though cash, however. In August 2018, Wisr announced it had completed a capital raising via a Placement of 83,909,999 fully paid ordinary shares at an issue price of $0.05 each. This raised a total of $4.2 million from both new and existing investors. As at 31 December 2018 the group had cash on hand of $3.8 million, and continues to rely largely on off-balance sheet funding - what it has called a "capital-light platform model".