Deep into the pandemic where debt levels are at all time highs, personal lender MoneyMe (ASX: MME) is set to join forces with rival Society One which will elevate the two lenders in a hugely competitive sector that will increase revenue opportunities while also saving more than $17m per annum in shared expenses. The acquisition
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With plans to expand throughout SouthEast Asia next year, digital payments company Novatti Group (ASX: NOV) has turned heads with the appointment of Abigail Cheadle to their Board of Directors, bringing with her more than 30 years of experience in corporate strategy. Ms Cheadle is the first new Board appointment by Novatti since they were
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With Australia’s aging population, the Productivity Commission on Tuesday released its first report into upcoming intergenerational wealth transfers where it forecasts $6 Trillion will be handed over in the next 30 years. While the report set tongues wagging across the public policy sector, wealth administrators HUB24 (ASX: HUB) and Class Limited (ASX: CL1) is well
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There’s a new player in the fintech lending space, with a tongue-in-cheek name that is no doubt a brazen dig at the prolific Afterpay (ASX: APT). I’m talking about Beforepay, the platform that lets you access your wages early, for a set fee. Less: buy now, pay later. More: wage advance, buy now, with fees…not
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Expanding their global network for cross-border payments, Aussie fintech company Novatti Group (ASX: NOV) has taken their relationship with crypto solutions company Ripple to the next level, adding Thailand to their network of international remittance corridors. Under the expanded agreement Novatti will utilise RippleNet, Ripple’s global financial network, to process transactions with the first Thai
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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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