http://australianfintech.com.au/ Connecting Australian FinTech Thu, 31 Oct 2024 14:14:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://australianfintech.com.au/wp-content/uploads/sites/7/2015/06/logo-words-orange-background-small-50x50.png http://australianfintech.com.au/ 32 32 https://australianfintech.com.au/novatti-group-announce-quarterly-revenue-up-13-to-12-9-million/ Wed, 30 Oct 2024 15:46:41 +0000 https://australianfintech.com.au/?p=188913 Novatti's revenue increased to $12.9 million in the September 2024 quarter, up 13% on a preceding quarter basis.]]> https://australianfintech.com.au/novatti-completes-tranche-1-of-its-share-placement/ Thu, 24 Oct 2024 19:02:49 +0000 https://australianfintech.com.au/?p=188862 Novatti Group have announced the completion of tranche 1 of its share placement as part of the company’s capital raising of up to $9.4 million.]]> https://australianfintech.com.au/novatti-announce-capital-raising-initiative-to-raise-up-to-9-4-million/ Sun, 13 Oct 2024 21:40:46 +0000 https://australianfintech.com.au/?p=188734 ASX-listed Novatti Group Limited, a leading fintech enabling businesses to pay and be paid, have announced a capital raising initiative to raise up to $9.4 million.

]]> https://australianfintech.com.au/significant-growth-in-the-uae-australian-trade-landscape-provides-new-opportunities-for-australian-fintechs/ Wed, 02 Oct 2024 21:30:16 +0000 https://australianfintech.com.au/?p=188640 With the launch of Dubai Chambers International Office in Australia in 2023, there are exciting opportunities for FinTechs in Australia and the UAE.]]> https://australianfintech.com.au/novatti-announce-turnaround-progress-clear-as-full-year-revenue-exceeds-42-million/ Thu, 29 Aug 2024 22:45:41 +0000 https://australianfintech.com.au/?p=188328 ASX-listed fintech leader Novatti Group's full year results for FY24 are starting to see its turnaround progress focus on cash flow making a deeper impact on the business.]]> https://australianfintech.com.au/novattis-turnaround-measures-deliver-41-reduction-in-quarterly-cash-use/ Tue, 30 Jul 2024 23:49:15 +0000 https://australianfintech.com.au/?p=188042 Novatti's results have started to show the impact of all the initiatives that have been undertaken as part of its turnaround strategy, implemented at the start of FY24.

]]> https://australianfintech.com.au/novatti-to-sell-all-of-its-interest-in-international-bank-of-australia-for-2-87-million/ Thu, 25 Jul 2024 01:40:19 +0000 https://australianfintech.com.au/?p=187982 Novatti have entered into a binding agreement with Eurus Capital for the sale of 100% of its shares in International Bank of Australia for $2.87 million.]]> https://australianfintech.com.au/novatti-announce-pipeline-of-500-new-merchants-to-be-onboarded-by-the-end-of-h1-fy25/ Sun, 30 Jun 2024 23:00:04 +0000 https://australianfintech.com.au/?p=187664 Novatti's continued execution of the market-led, customer focus has resulted in a pipeline of 500+ new merchants to be onboarded by the end of H1 FY25.]]> https://australianfintech.com.au/the-2024-finnies-winners-have-been-announced/ Fri, 07 Jun 2024 01:56:45 +0000 https://australianfintech.com.au/?p=187413 The Finnies winners were selected out of 322 entries across 19 categories, and faced a rigorous two-round judging process.

]]> https://australianfintech.com.au/asx-listed-novatti-announces-record-quarterly-revenue-of-12-4-million/ Tue, 30 Apr 2024 14:07:08 +0000 https://australianfintech.com.au/?p=187141 ASX-listed fintech leader Novatti have released its report on the quarter ended 31 March 2024, with quarterly revenue hitting $12.4 million, a new record.]]> https://australianfintech.com.au/the-finalists-of-the-2024-finnies-awards-have-been-announced/ Tue, 23 Apr 2024 00:45:48 +0000 https://australianfintech.com.au/?p=187086 The finalists for Australia’s 2024 Finnies fintech business awards have been announced. ]]> https://australianfintech.com.au/market-led-customer-focus-sees-commercial-lift-for-novatti-in-au-nz/ Tue, 09 Apr 2024 02:10:50 +0000 https://australianfintech.com.au/?p=186931 Novatti Group, a leading fintech that enables businesses to pay and be paid, have provided an update on the initial results of its market led, customer focus.]]> https://australianfintech.com.au/rentpay-partners-with-novatti-to-provide-alipay-wechat-pay-and-unionpay-payment-options-for-rentpay-customers/ Wed, 06 Mar 2024 22:30:20 +0000 https://australianfintech.com.au/?p=186504 ASX-listed Rent.com.au, Australia’s website made for renters, have launched additional payment choices for its RentPay platform.]]> https://australianfintech.com.au/novatti-reports-an-increase-in-revenue-as-expenses-reduced-and-transformation-is-underway/ Tue, 27 Feb 2024 22:49:25 +0000 https://australianfintech.com.au/?p=186385 With revenue now up and expenses moving down, Novatti's transformation is well underway.]]> https://australianfintech.com.au/novatti-slashes-expenses-identifies-a-clear-path-to-positive-cash-flow/ Tue, 30 Jan 2024 23:21:05 +0000 https://australianfintech.com.au/?p=186119 ASX-listed fintech pioneer Novatti have today released its December quarter report, with revenue remaining flat while Group expenses reduced by 10% Quarter on Quarter.]]> https://australianfintech.com.au/audd-self-funding-as-pre-seed-round-increased-to-meet-investor-demand-novatti/ Tue, 23 Jan 2024 23:15:24 +0000 https://australianfintech.com.au/?p=186053 ASX-listed Novatti, a leading fintech that enables businesses to pay and be paid, have provided an update on its AUDD stablecoin investment.]]> https://australianfintech.com.au/the-2023-australian-fintech-news-headlines/ Mon, 18 Dec 2023 22:50:36 +0000 https://australianfintech.com.au/?p=185873 Here are all the major Australian FinTech news headlines for 2023.]]> https://australianfintech.com.au/strategic-review-identifies-external-funding-for-growth-initiatives-novatti/ Mon, 11 Dec 2023 00:12:45 +0000 https://australianfintech.com.au/?p=185780 Novatti have provided an update on its ongoing strategic review to simplify its business and identify external funding opportunities for the independent development of its growth initiatives.]]> https://australianfintech.com.au/novatti-simplifies-business-portfolio-with-divestment-of-reckon-stake/ Thu, 16 Nov 2023 23:21:25 +0000 https://australianfintech.com.au/?p=185462 ASX-listed Novatti have announced that it has sold its 19.9% strategic stake in fellow listed fintech Reckon.

]]> https://australianfintech.com.au/hnry-helps-sole-traders-save-up-to-5635-a-year-with-world-first-business-debit-card/ Mon, 30 Oct 2023 22:34:00 +0000 https://australianfintech.com.au/?p=185226 Sole traders across the nation are missing out on more than $5,500 in tax deductions on average every year, according to research from Hnry.]]>