Novatti Group Limited, an Australian fintech company, has seen a commercial uplift in Australia and New Zealand through a market-led, customer-focused strategy, resulting in renewed and new partnerships, including a major BNPL partner and one of Australia's largest food delivery platforms, and an expected increase in annualized gross revenue by at least $1.5 million.
This strategy, part of a broader transformation initiated in FY24, has led to a 12.1% revenue increase and an 11% decrease in expenses in the first half of FY24, with further expansion into New Zealand anticipated.
ASX Code: NOV
This news was based on the ASX Announcement released today.