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
Read More
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
Read More
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
Read More
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
Read More
Australians will soon have more options for their banking services with the Australian Prudential Review Authority issuing the first new banking licence since 2019 before the regulator hiatus through the pandemic. The newest license, granted to Alex Bank last week, signals a win for Australians who had tired of the Big Four’s power on the
Read More
Since offering their last capital raise to accelerate growth, digital payments company Novatti Group (ASX: NOV) has increased its market cap by more than 200% which was one reason institutions were keen to get involved with the Aussie fintech and their latest expansion plans. The cornerstone of what will be a total $45 million raise
Read More