Articles On Novatti Group (ASX:NOV)

ShareCafeEvening Report: 20 May, 2022 by Lauren Evans   The Australian sharemarket ended the week on a high, bouncing back from Thursday’s losses as Aussie investors shrugged off declines on Wall Street ahead of the Federal election tomorro...

ShareCafeLunch Report: 20 May, 2022 by Melissa Darmawan   The federal election may bolster the nation’s shares regardless of who wins, if history is a guide. The ASX 200 has risen in the three months following eight of the last 10 votes wit...

20 May 2022 - A snapshot of the stocks on the move featuring BetMakers Technology (ASX:BET), Novatti (ASX:NOV) & Etherstack Wireless (ASX:ESK).

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Competition is heating up in the payment services space after a year of substantial capital investment for upcoming fintechs including DataMesh, Airwallex, Till Payments and Fin-Pay.  Following the historic takeover of Afterpay by US-giant...

ASX 200 extended loss, down by 1.43% All sectors fell except for Energy Tech and Real Estate were the worst performers   The ASX has extended its selloff as local stocks closed to the lowest level in two months. At the close, the benchmar...

The finalists for FinTech Australia’s sixth annual business awards, known as The Finnies, have been announced. More than 290 entries were received for this year’s awards, across 20 categories, with the judges selecting a shortlist of 125 fi...

Novatti (NOV) achieves its “strongest ever” revenue result during the March quarter The digital banking and payments company reported $10.4 million in sales revenue which it largely attributes to the integration of Malaysian fintech busine...

Highlights Blockchain is a technology that has expanded in popularity and growth due to its qualities. Novatti Group, Digitalx Limited are some popular blockchain technology companies. Blockchain is the technology that underpins da...

Last month was a rough one for most ASX buy now, pay later (BNPL) shares. While the broader market ended the month in the green – the All Ordinaries Index (ASX: XAO) and S&P/ASX 200 Index(ASX: XJO) each gained 6.3% in March – nearly al...

Novatti has entered an agreement to provide its payments solutions to Reckon users with an opportunity to further monetise its ecosystem. Multi-channel payments company Novatti (ASX:NOV) shares are up ~8% to 26 cents today after announcing...

Novatti Group (NOV) reaches an agreement with accounting software platform Reckon (RKN) to integrate Novatti’s payment solutions into Reckon’s products The agreement covers both existing and new Reckon products, with an initial focus on in...

ASX to extend gains on Monday Iron ore nears US$160 a tonne US yield curve inverted, signalling a recession ASX to rise as iron ore nears US$160 Local shares are set to extend their gains, with the ASX 200 April futures pointing up by 0.7...

Afterpay owner Block Inc has rallied by ~50% in the past month But pro investor Dean Fergie is less bullish on the ASX fintech sector Fergie says BNPL and fintech lenders still need to prove their worth as rates rise.   If ASX tech compan...

Novatti is continuing to build on its payments strength, with a slew of record-breaking half-year results across key metrics Investors have reacted to multi-channel payments company Novatti (ASX:NOV) record-breaking H1 FY22 results as the c...

Fintech business Novatti (NOV) achieved a 53 per cent year-on-year (YoY) sales revenue growth to $5.8 million in the December quarter NOV’s payment processing business contributed a 122 per cent YoY increase in quarterly processing revenue...

Highlights Cryptocurrencies have been among the most sought-after investment assets in the past few years. Recently, the global crypto market cap even surpassed the US$3-trillion mark for the first time.  NOV, RZI, and FFG are a few c...

ASX investors got back in the risk saddle on Wednesday, with steady gains across the large cap indexes and a 1.7% jump for the microcap Emerging Companies index. The catalyst appeared to be comments from US Fed Chair Jerome Powell overnight...

While 2020 was a brilliant year for many ASX buy now, pay later (BNPL) shares, 2021 wasn’t so dazzling. In fact, only 2 stocks with market capitalisations of over $30 million recorded share price gains for the last 12 months. Let’s take a...

Buy now, pay later (BNPL) companies were among the stock market darlings of 2020 – and nowhere more than in Australia, the birthplace of pioneering companies Afterpay and Zip Co. There are 15 BNPL companies listed on the Australian Securiti...

Many sectors of society might have come to a complete halt during COVID-19 if it was not for innovative solutions from the tech industry, which will last well beyond the pandemic. As governments worldwide have been forced to protect public...

Rapid revenue growth saw Novatti breaking the $5m mark, capping off a productive quarter where expansion was the main theme. Multi-channel payments company Novatti (ASX:NOV) has broken through the $5m quarterly revenue mark, as it delivered...

Digital banking and payments company Novatti (NOV) will acquire South East Asian payments business, ATX Based in Malaysia and founded in 2011, ATX provides retail stores and kiosks with digital payment services and is recognised as a top 5...

Novatti is continuing its expansion across Southeast Asia, acquiring a key payments fintech which will boost both revenue and customer growth opportunities.   Multi-channel payments company Novatti (ASX:NOV) has acquired Southeast Asian fi...

September was a rough month for the ASX cohort of high-growth BNPL stocks. But this week’s price actions suggests any reports of the pending demise of the BNPL narrative appear, for now, to have been exaggerated. ^^ That’s supposed to be Ma...

Business payments startup Novatti Group has $10.5 million in series A commitments for its new banking venture. The listed fintech (ASX:NOV) is launching a banking subsidiary, Novatti B Holding Company (NBHC), and has applied for a restricte...

Overnight, Mastercard launched a BNPL product and many stocks in the sector dropped – except for one company it has partnered with to roll out the product in Australia. Mastercard (NYSE:MA) launched its “Mastercard Installments” product ove...

24 Sep 2021 - Digital banking and payments provider Novatti (ASX:NOV) has expanded its partnership with Ripple by launching RippleNet in Siam Commercial Bank, Thailand.

Wall Street rallies higher Confidence has returned to US markets, following the US Fed’s policy update on Wednesday night. All three US stock market benchmarks climbed overnight, with the Dow Jones rising by 1.48%, S&P 500 by 1.21%, and...

The Identitii Ltd (ASX: ID8) share price has been a major performer on the Australian broad indices over the last few weeks. Whereas the S&P/ASX 200 Index (ASX: XJO) has slipped 0.6% into the red over the last month, Identitii shares...

Consumers looking for BNPL products just got another choice in the market, with Suncorp (ASX:SUN) putting its hat in the ring. Suncorp’s BNPL product, called PayLater, will be available to its customers from November. It will include both a...

Highlights Low interest rate scenario is conducive for growth stocks. The technology sector has witnessed a major tail wind since the rapid digitisation post the COVID-19 outbreak. Knosys is to acquire a leading Library Management Sof...

Here’s the ASX investor’s guide to ASX ‘buy now, pay later’ (BNPL) stocks in 2021. The BNPL sector is one that has seen exponential growth in recent years in the number of companies in the space, their customers and market capitalisations (...

By Tim Boreham, Editor, The New Criterion Beyond Afterpay, who are the next ASX fintech dazzlers? The $39 billion takeover offer for Afterpay ((APT)) highlights the stupendous potential of our home-grown digital-oriented fintech minnows, be...

The $39 billion takeover offer for Afterpay (ASX: APT) highlights the stupendous potential of our home-grown digital-oriented fintech minnows, bearing in mind the towering buy-now-pay later (BNPL) oak tree was a mere acorn five years ago. N...

Wall Street rises despite weak economics data All three US benchmarks rose overnight, despite US GDP growing by 6.5% in the last quarter vs estimate of 8.4%. The Dow Jones was up by 0.44%, S&P 500 by 0.42%, and the Nasdaq rose by 0.11%....

Summary  With popular cryptocurrencies notching up decent price gains in the last few months, the prices of the ASX-listed crypto stocks have also surged. As a result, investors are flocking to invest in established companies that bene...

For anyone wanting to pay for their next pint at the pub using Bitcoin (CRYPTO: BTC), things are looking promising. A partnership between unlisted Australian start-up CryptoSpend and payment provider Visa Inc (NYSE: V) is set to make it al...

It’s possible that a payments card that allows people to pay with Bitcoin in Australia is just around the corner thanks to Visa. Is there a Visa Bitcoin payments option on the cards? According to reporting by the Australian Financial Review...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

The crypto market is deep in the red this afternoon with nearly every asset down and Ethereum at its lowest level in two and a half weeks. At 4pm AEST, Ether was changing hands for US$1,881, down 5.1 per cent from yesterday. Ether reached a...

13 July 2021 - Fintech business, Novatti (ASX:NOV) has completed the acquisition of a 19.9 per cent interest in the software company Reckon Limited.

02 July 2021 - Novatti Group (ASX:NOV) will launch a $45 million capital raising, involving a $40 million placement and a $5 million share purchase plan.

The S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a high. In afternoon trade, the benchmark index is up 0.5% to 7,301.7 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s...

Strong institutional support shows major investors are committed to the company’s growth strategy. For payments company Novatti (ASX:NOV), 2021 has been a transformational year as it consolidates its platform model with key growth opportuni...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It wasn’t a happy start to the new financial year for Australia’s bourse, which lost nearly two thirds of one per cent today. Likewise, the ASX200, which rose 22% in FY21, closed down 0.65% to 7,266. Meanwhile, the ASX Emerging Companies In...

Shares in Reckon Limited (ASX: RKN) are flying out the door today — and the company is as blindsided by the craziness as anyone else. At the time of writing, the Reckon share price is 93 cents, a whopping 17.83% higher than its previous cl...

Accounting software stocks IODM (ASX:IOD) and Reckon (ASX:RKN) were both among the ASX’s biggest winners this morning. The pair both offer accounting services, with IODM specialising in accounts receivables while Reckon has broader software...

With its platform advantage now established, the company is primed for strong growth in the years ahead. The booming global market for digital payments is one of the defining features of the post-COVID economy. With that growth comes compet...