Over the past three years, cash payments have halved according to the Reserve Bank’s latest data, a societal trend being capitalised on by fintech company Novatti Group (ASX: NOV) which is benefiting through a 46% increase in their digital payments processing. Novatti has spent the last few years developing their digital payments ecosystem which allows
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Although the worst of the pandemic is behind us, the aftermath is still causing turmoil in economies across the globe. High energy prices and supply-chain problems coupled with government stimulus and strong household spending have driven inflation to a decades-high inflation rate in Australia. Inflation, which is the rise in prices of goods and services
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Call recording and voice intelligence software Dubber (ASX: DUB), boasting major clients like Telstra, Microsoft, Cisco and Optus, is pushing its AI tech and knowledge to recover from its intense cash burn in FY23. Pointing to its wins, the Company mentioned that Dubber’s platform was now a part of Telstra and Optus networks. By the
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Having widened its losses in FY23, wagering company PointsBet Holdings (ASX: PBH) has decided to let go of its US divisions, selling them to US-based Fanatics Betting and Gaming (FBG) for $333 million. The Company has received $270.10 million (along with agreed-upon adjustments) as the first payment out of the total purchase amount of $333
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It has not taken long for private enquiry firms to circle Healthia (ASX: HLA), Australia fastest growing physiotherapy and podiatry operator which has received an offer to be 100% acquired for $260 million. The binding Scheme Implementation Deed comes from Harold BidCo, an entity owned by funds advised by Pacific Equity Partners (PEP) at $1.80
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For many investors, backing proven stock pickers can deliver mammoth returns. Just look at the Berkshire Hathaway investors that assign Warren Buffett to invest for them. But when it comes to artificial intelligence, younger heads may be the ones to follow as evidenced by AI company UNITH (ASX: UNT) which develops digital humans and reported
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