Two of the world’s leading payment processing companies have joined forces to launch a new Visa issuing business in the Asia-Pacific region with Australian fintech company Novatti Group (ASX: NOV) partnering with Decta, a leading payments processor in Europe. The partnership leverages two of the company’s core strengths with Novatti holding a Visa Principal Issuer
Read MoreAs society is bunkered down in self-isolation to prevent the spread of COVID-19, fintech company Novatti (ASX: NOV) has acquired payments platform Emersion with both businesses seeing a rise in online payment processing revenue to accommodate the new contact-free world. The acquisition will see Emersion integrated into Novatti, bringing with it the $1.7m in revenue
Read MoreFintech company Novatti Group (ASX: NOV) has formalised an agreement to commence re-development of rental payments platform RentPay, in collaboration with Rent.com.au (ASX: RNT), Australia’s leading website dedicated to the rental property market. The partnership provides Rent.com.au with access to Novatti’s award-winning payment processing technology with Novatti gaining access to the rental payments market. “Novatti
Read MoreUndergoing a second investment round in preparation for the launch of their digital banking business, Australian fintech company Novatti Group (ASX: NOV) has secured further cornerstone investors committing $18m which will enable the Group to meet capital requirements for the granting of a banking license. The investors comprise Hong Kong-based Fortune Fund Investment (Asia) Limited
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