Fintechfun Newsletter to 3/9/2024

Another jam packed edition to finish off reporting season :) 1 quarter to go...

Thanks to Yabbr for their support for this newsletter.

• ? Telescope AI announced the appointment of Kevin Algeo as Chief Strategy Officer. This strategic addition to the team marks a significant milestone in Telescope AI’s journey to "revolutionise the financial services industry through innovative AI solutions.

• Intersekt 2024, organized by FinTech Australia , will be held on September 18-19 at the Grand Hyatt in Melbourne, featuring discussions on digital currency, fintech innovation, and industry challenges. The conference agenda, shaped by community submissions, includes topics like Consumer Data Right, fundraising difficulties, and corporate partnerships with fintechs.

• Square has unveiled Square Kiosk, a fully integrated software, hardware, and payments solution that enables self-serve ordering for hospitality businesses.

• Techboard released their The Fintech Funding Project 2023 : for more information go to: https://techboard.com.au/the-fintech-funding-project-2023-report-published/

• Upworth announced their "Upworth Cash Flow Tracking and Budgeting" with 8 different features including 1) All banks connected in one place for a single consolidated view and 2)Internal transfers automatically picked up based on your connected accounts and excluded from your expense base.

• Online trading Platform Marketech Announced their 22nd major upgrade to Marketech Focus! Including:- Increased number of chart/depth panels - Intraday volume histogram on chart- Tabular 'trade history' view- 'Quick zoom' on charts and Integrated market-media content from Stocks Down Under , Pitt Street Research and The Stock Network

• One Click Group (ASX:1CG) (ASX:1CG) announced that its 2024 year to date revenue has exceeded 2023 full year revenue with a further four months to complete the year. Revenue growth has been driven by the growth in user numbers with over 40,000 new users attracted to the One Click Life platform in 2024 year to date.

• Identitii announced their FY result with revenue at $748,292 and loss down 41% to $3,543,516.

• Pepper Money ANZ released its half-year results. They surpassed 500,000 customers and closed June 2024 with $19.3 billion AUM. They also reported Pro-forma NPAT of $46.1m.

• Cash Converters announced their FY result with Revenue up 26%, EBITDA up 21%, Operating NPAT up 4% and Gross Loan Book up 6% to $288m

• Novatti Group (ASX: NOV) reported a 10% year-over-year revenue increase to $42.9 million in FY24, with a 19% decrease in normalized operating expenses and a 16% improvement in underlying EBITDA to ($12.5m)

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