Australian fintech and digital payments company Novatti Group (ASX: NOV) is set to enter one of the world’s most lucrative consumer markets with the expansion of Emersion, an end-to-end business automation and billing platform, to the United States. The expansion will enable service providers such as utilities, telecommunications and insurance companies to gain access to
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Small business operators will soon have access to an end-to-end billing, payments and sales management system with Novatti Group (ASX: NOV) having gained approval from Salesforce for the inclusion of the Emersion payments app on the Salesforce AppExchange marketplace. The Emersion app, launched by wholly-owned subsidiary Emersion Systems, integrates many of the features offered to
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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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Since being purchased by and integrated into Novatti Group (ASX: NOV) in April, Emersion Software Systems has thrived in the digital payments market through COVID-19 with uptake of their cloud hosted billing and payments platform exceeding expectations. The smooth transition into Novatti Group has been aided by Novatti’s decision to continue operating Emersion as an
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Australian fintech company Novatti Group (ASX: NOV) has reported a 67% rise in revenues from their payments processing business, a record for the company which has seen heightened activity amidst coronavirus lockdowns as businesses turn to digital payment solutions. For the quarter ending 31 March 2020, Novatti’s $1.72 million (unaudited) in payment processing revenue represented
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As society is bunkered down in self-isolation to prevent the spread of COVID-19, fintech company Novatti (ASX: NOV) has acquired payments platform Emersion with both businesses seeing a rise in online payment processing revenue to accommodate the new contact-free world. The acquisition will see Emersion integrated into Novatti, bringing with it the $1.7m in revenue
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