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Research Note - Rise of the Cashless Economy
- Review
- June 3, 2020
Novatti launches new payments platform for purpose-issued Visa cards
- Review
- September 29, 2020
Is this the most hated company on the ASX?
- Review
- August 16, 2019
Latest Articles
Cashed-up Novatti builds on neobank foundation with revenues rolling
Amid the collapse of neobank Xinja, fintech and digital payments company Novatti Group (ASX: NOV) still has its sights on the launch of their own having quietly set their foundations with revenue-generating products while awaiting a banking license. Originally submitting their banking licence application to the Australian Prudential Regulation Authority (APRA) in November 2019, Novatti
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Aussies taking charge of credit debt as Wisr tipping 300,000 customers
Following months of lockdowns which have limited spending opportunities, Australians have used the time to get on top of their finances with neolender Wisr (ASX: WZR) reporting record quarterly revenues, loan originations and customer profiles. This time at home for many has led to Wisr reporting a 37% increase in operating revenue for the quarter
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Online transactions surge through COVID-19 lockdowns as Novatti acquires Emersion
As 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
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Digital Banks and Neobanks in Australia explained, what are they?
The Australian banking industry is rapidly changing and 2020 is shaping up as a big year for digital banks and Neobanks which will provide Australians with an alternative option for their banking services to the Big Four – NAB, Commonwealth Bank, ANZ and Westpac. With the terms ‘Digital Bank’ and ‘Neobank’ becoming increasingly popular, below
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International payments processor Novatti grows revenue by 45%
Fintech developer and transactions processor Novatti (ASX: NOV) has reported record payment processing revenues for the quarter ending December 31, 2019, a rise of 45% compared to the corresponding 2018 quarter. The increase from $1.15m to $1.55m comes solely from Novatti’s international transaction processing business, just one division of the Company which has a banking
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