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Research Note - Rise of the Cashless Economy
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- June 3, 2020
Novatti launches new payments platform for purpose-issued Visa cards
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- September 29, 2020
Latest Articles
Investing in local tech jobs, Novatti revenues jump 55% on digital payments growth
As the world circles Australia’s thriving fintech industry which produced the largest takeover in Australian history, digital payments company Novatti Group (ASX: NOV) is staking its claim as a rising star on the global stage which has seen its revenue jump 55% amid a recent hiring spree. Although they are not as well known as
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Revenue records tumble as Novatti scales new heights in digital payments era
Few companies have been as well positioned for the digital transformation accelerated by a global pandemic than digital payments company Novatti Group (ASX: NOV) which has capped off a monumental year of fintech deals with record payment processing revenues. Generating $4.9 million in sales revenue for the quarter ended 30 June 2021, Novatti also set
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Neobanks back as APRA issues first new banking licence, Judo eyes IPO
Australians will soon have more options for their banking services with the Australian Prudential Review Authority issuing the first new banking licence since 2019 before the regulator hiatus through the pandemic. The newest license, granted to Alex Bank last week, signals a win for Australians who had tired of the Big Four’s power on the
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Afterpay selects Novatti as partner in New Zealand BNPL expansion
Kicking goals in Australia as the company responsible for coining the term ‘BNPL’, Afterpay (ASX: APT) is taking the world by storm and has selected little-known digital payments company Novatti Group (ASX: NOV) as a partner in their newest expansion territory. The partnership will see Novatti manage Afterpay’s payment card solutions in New Zealand where
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Credit Intelligence launches BNPL service for business with first loans issued
Debt management company Credit Intelligence (ASX: CI1) has become the latest financial service provider to enter the BNPL sector with the launch of YOZO Pay which has commenced lending to business owners, offering flexibility and transparency. The launch of YOZO Pay is an extension of Credit Intelligence’s primary services where the profitable company’s operations have
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Should investors succumb to the BNPL FOMO?
As with the coronavirus, the buy now pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, Fear of Missing Out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in
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