Despite the economic impact of COVID-19 seeing adverse effects in most industries, the digital payments sector is thriving with populations in isolation as evidenced by fintech company Novatti Group (ASX: NOV) again reporting record revenues from their payments processing business. For the quarter ending 30 June 2020, the company delivered $2.07m (unaudited) solely from their
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Adoption of electric vehicles could surge if Magnis Energy Technologies (ASX: MNS) is able to deliver on their testing data which can charge an EV battery in just six minutes for what would be a game changer in the global market. Within their Extra Fast Charge (EFC) batteries which were developed by partner – Charge
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Smart healthcare continues to make strides in the United Kingdom with healthtech company Alcidion (ASX: ALC) to deploy their Patientrack monitoring system across the NHS Lanarkshire, the third largest health board in Scotland. With approximately 12,000 staff working across communities, health centres, clinics and three district hospitals, the 5-year agreement will see Alcidion roll out
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Drone defence and security company DroneShield (ASX: DRO) has secured a significant contract from the United States Air Force for counter-drone systems to be installed at their North Dakota air base. The contracts valued at USD $200,000 are not majorly material for the Company, however there is the potential opportunity to secure further business from
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Following news of a $2.7 million financial turnaround since Crowd Media (ASX: CM8) underwent a business transformation to capitalise on their social commerce and influencer marketing network, CEO Domenic Carosa caught up with Emerald Financial’s Bronte Moore to update investors on Crowd’s plans for FY21 and beyond. Click below to watch the update. Investors can
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Australia’s gym sector is set for a shakeup with Viva Leisure (ASX: VVA) to acquire Australian Fitness Management (AFM) and its 197 franchised Plus Fitness locations which will leapfrog Viva to become the third largest operator in the country. Across their 197 clubs, Plus Fitness has a combined membership of approximately 175,000 members with the
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New Zealand-based fintech company 9Spokes (ASX: 9SP) has secured its most significant corporate deal to date having entered into a partnership with Visa, who will offer the 9Spokes platform to small business merchants worldwide. Under terms of the 5-year agreement, Visa USA Inc will promote the 9Spokes business management platform to Visa clients and small
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Animal health company CannPal Animal Therapeutics (ASX: CP1) is proving that the health benefits of medicinal cannabis extend beyond the human realm with their latest trials confirming the safety of DermaCann® as a natural treatment for dermatitis and immune function in canines. Applying two different formulations of DermaCann® between 13 dogs, CannPal reported a substantial
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The pioneer of Australia’s buy-now-pay-later sector has reported a big uptake in adoption since Flexigroup (ASX: FXL) consolidated its BNPL businesses with retail-focused brand humm delivering a 315% rise in transaction volumes through the June quarter. As the key differentiator against its competitors, humm allows customers to make interest-free purchases of up to $30,000. This
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Digital marketing and eCommerce company Crowd Media (ASX: CM8) has reported a significant financial turnaround with the company expected to report positive underlying EBITDA for FY20 which represented a $2.7m turnaround for the microcap. The turnaround from a $2.6m loss in underlying EBITDA in FY19 comes in line with the appointment of industry leader Steven
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