12 months on from a restructure of their business and leadership overhaul, digital payments company Novatti Group (ASX: NOV) is exceeding expectations by slashing expenses while growing revenue through new commercial wins from businesses seeking to be paid quickly through digital channels. Novatti offers the common merchant services that allow businesses to accept digital payments
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Just six months after undertaking a leadership transition to install a leading digital payment executive Mark Healy at the helm of Novatti Group (ASX: NOV), the Melbourne-based fintech has a clear line of sight to positive cash flow having undertaken an internal restructure. Novatti has strategically positioned itself to achieve its ambitious cash flow positive
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Rising interest in blockchain-based digital finance has seen AUDD close its pre-seed funding round at $600k as investors sought to increase their early stage-investment in the business. In the two years since its inception, the AUDD multichain stablecoin has rapidly gained traction in the market, exceeding more than $25 million in payments volume, within just
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To insiders within the digital payments industry, Mark Healy is a familiar name tied to success, risk management, and global expansion across the fintech world. It’s also why Novatti Group (ASX: NOV) sought him to lead the Company into a new era of global payments growth where the Melbourne-based fintech has established a payments ecosystem
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By facilitating instantaneous transactions that can be publicly traced, blockchain-based payments are rapidly disrupting traditional banking systems where digital payments company Novatti Group (ASX: NOV) has confirmed the launch of its AUDD stablecoin on the XRP Ledger. XRP Ledger (XRPL) is a decentralised exchange (DEX) operated by Ripple, where XRP is the native digital currency.
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A Government issued digital currency is on the agenda of the Reserve Bank of Australia (RBA) which is tapping fintech companies around Australia for guidance on blockchain technology with the latest being Novatti Group (ASX: NOV), issuers of the AUDD stablecoin. Novatti launched the AUDD stablecoin last year where every AUDD issued is 1:1 fiat
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