Beforepay Group launches Carrington Labs, a business line to commercialise its AI-powered risk models and lending platform
Beforepay have launched Carrington Labs, its business-to-business offering, which will make the company’s technology available to enterprises.
ASX-listed Fintech Beforepay delivers first half-year profit of $2.2m on half-yearly revenues of $17.6m
Beforepay’s results for the half-year ended 31 December 2023 include net profit before tax of $2.2 million and EBITDA earnings of $4.2 million.
Beforepay posts second consecutive quarterly profit and record quarterly revenue
ASX-listed Beforepay have posted its second consecutive quarterly profit of $0.57 million on record quarterly revenue of $9.1 million.
Fintech Beforepay posts first quarterly profit of $1.64m
ASX-listed Beforepay has achieved a net profit before tax of $1.64 million and an EBITDA of $2.61 million.
Beforepay secures a new A$55 million, 3-year debt facility
Beforepay has entered into the debt facility agreement with Balmain Group and Longreach Credit Investors as lenders.
Ethical-lending fintech Beforepay recognised in Wealth & Finance International FinTech Awards
ASX-listed Beforepay has been named Ethical Lender of the Year 2023 – Australia in the FinTech Awards hosted by Wealth & Finance International
Beforepay achieves milestones of $1 billion in pay advances and 1 million users
According to information released to the ASX, listed fintech Beforepay has continued its strong growth and path towards profitability.
Beforepay launches nationwide roll-out of its Tax Refund Advance product
ASX-listed Beforepay has announced the nationwide launch of its Tax Refund Advance product for the 30 June 2023 tax season in collaboration with H&R Block.
