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Latest Articles
Novatti delivers record revenue for FY24 while slashing expenses by 19% in one year
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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Novatti divests International Bank of Australia for $2.87m to focus on core payments business
Five years after it backed the International Bank of Australia (IBOA) in its banking licence application, digital payments company Novatti Group (ASX: NOV) has pulled the pin on the venture by selling its majority stake for $2.87 million. The decision to exit the venture comes amid a major restructure at Novatti in 2023 which saw
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Novatti yields 500+ new merchants for digital payment services from education, hospitality and fitness industries
If you’ve ever sat down at a restaurant and ordered your meal by scanning a QR code on the table, you’ll know it is a major trend in hospitality which has undergone a digital transformation. It’s a trend that digital payments company Novatti Group (ASX: NOV) is thriving in, adding one of the fastest growing QR
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Novatti lands client wins from food delivery and BNPL sectors, alongside payments growth in New Zealand
Since commencing a strategic business transformation just 9 months ago, digital payments company Novatti Group (ASX: NOV) has reported progressive results of their pivot to a market and customer-centric approach which has yielded new business from major players in the BNPL, food delivery, accounting and accommodation sectors. The implementation of a market and customer-led strategy
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Novatti’s business transformation takes shape under new leadership with revenue up and expenses down
Since undertaking its first major leadership change since listing on the ASX, digital payments company Novatti Group (ASX: NOV) has reported encouraging results, six months into a business transformation that has streamlined the previously fragmented fintech. For the Half Year ended 31 December 2023, Novatti generated $21.4 million in sales revenue which represented a 12.1%
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UniLodge partners with Novatti, enabling international students to pay bills from digital wallets with fixed fees
Australia is currently home to more than 850,000 international students, as one of the world’s most sought after countries for higher education, generating more than $38.9 billion per annum. For many of these students, adapting to a new culture is extremely difficult and why student services business UniLodge has teamed up with digital payments company
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