Latest Financial Services News

HUB24 Limited showcased strong growth and strategic innovation at its 2025 Investor Strategy Day, highlighting market leadership and ambitious expansion plans across wealth management technology.

ECP Emerging Growth Limited reported a modest 2.4% return for FY2025, lagging the ASX Small Ordinaries Index, but is pursuing new strategies including a pre-IPO fund investment and a special dividend to address shareholder value concerns.

Whitefield Income Limited has successfully completed a $52.9 million placement to wholesale investors, issuing over 40 million new shares amid strong demand. The capital raise leverages the company’s full placement capacity without requiring shareholder approval.

Whitefield Income Limited has lowered the maximum issue price for its Share Purchase Plan to A$1.32 per share, reflecting recent market volatility and offering shareholders a notable discount.

Iress Ltd has responded to recent media speculation about a potential acquisition, clarifying it cannot confirm any deal terms while continuing discussions with multiple parties.

Sequoia Financial Group has acknowledged that ASIC’s civil penalty proceedings against its subsidiary InterPrac are material and confirmed timely disclosure to the market following formal notification.

Integrated Research Limited reported a modest revenue dip and significant profit declines in FY25 as it pivots to a product-led growth strategy focused on AI-powered observability solutions and hybrid pricing models.

WAM Income Maximiser Limited has confirmed its fully franked ordinary dividend for November 2025 and updated the Dividend Reinvestment Plan price, providing clarity for investors ahead of the payment date.

Earlypay Limited has extended its on-market share buy-back program for another 12 months, allowing the company to repurchase up to 10% of its ordinary shares without shareholder approval.

Cuscal Limited has received final regulatory approval from APRA for its full acquisition of Indue Limited, setting the stage for completion by early December.

FSA Group Ltd reports robust growth in loan origination and loan pools, driven by car loans and asset finance, while raising profit guidance for FY2026. The company’s strategic focus on automation and offshore expansion underpins its ambitious $1.3 billion loan pool target.

Stakk Limited has secured a strategic multi-year partnership with Stride Bank, a 110-year-old U.S. institution, further accelerating its annualised recurring revenue and broadening its footprint across American financial sectors.