Novatti’s turnaround measures deliver 41% reduction in quarterly cash use
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.
Novatti to sell all of its interest in International Bank of Australia for $2.87 million
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.
Novatti announce pipeline of 500+ new merchants to be onboarded by the end of H1 FY25
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.
ASX-listed Novatti announces record quarterly revenue of $12.4 million
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.
Market led, customer focus sees commercial lift for Novatti in AU/NZ
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.
RentPay partners with Novatti to provide Alipay, WeChat Pay and UnionPay payment options for RentPay customers
ASX-listed Rent.com.au, Australia’s website made for renters, have launched additional payment choices for its RentPay platform.
Novatti reports an increase in revenue as expenses reduced and transformation is underway
With revenue now up and expenses moving down, Novatti’s transformation is well underway.
Novatti slashes expenses, identifies a clear path to positive cash flow
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.
