Despite doom and gloom heaped upon the tech sector in recent months, digital payments company Novatti Group (ASX: NOV) has emerged as a shining light with major growth witnessed over the past 12 months that has seen their revenue rise 97% to $32.5 million. Although Novatti may not be a household name yet, the Company
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Interest rate rises are expected to continue dominating national headlines for the months ahead but this hasn’t stopped Aussie borrowing behaviour as witnessed by neolender Plenti Group (ASX: PLT) which issued 11% more loans through the June quarter than the March quarter. Where prior corresponding period metrics tend to be the ones reported the most,
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Our time is valuable, there’s no questioning that but if you think you think 5 seconds of your day is that valuable, Americans can set up automated direct debits tied to their paycheck through fledgling fintech Douugh (ASX: DOU) and their banking app. According to Douugh, the process of switching direct debits manually “has a
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If you’ve ever made a purchase using a credit card or debit card, you’ve paid a merchant fee for someone to process that transaction on behalf of, most likely, Visa or Mastercard. These small merchant fees are minimal to the customer but over time, they build up to be substantial fees which digital payments company
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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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As Aussies continue to shift towards a cashless economy, Commonwealth Bank has confirmed it will be closing 10% of their branch network at lunchtime for reduced operating hours in response to declining foot traffic as we move all our banking and finance needs online. Where branches traditionally facilitated cash transactions, the declining use of cash
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