Latest Financial Services News

Findi Limited has received Reserve Bank of India approval to acquire Tata Communications' White Label ATM business, Indicash, marking a pivotal step in its expansion across India's financial services landscape.

Auswide Bank Ltd held a pivotal Scheme Meeting to decide on its acquisition by MyState Bank Limited, with directors unanimously recommending approval. Shareholders will exchange Auswide shares for MyState shares, creating a merged entity with shared ownership.

DomaCom Limited reports a transformative quarter with executive changes, new funding facilities, and strategic initiatives including the launch of its Homeowner Equity Fund and exclusive licensing of the Bricklet Homeowner Platform.

Stakk Limited has marked a pivotal quarter with the acquisition of US fintech R-DBX, generating $1.6 million in revenue, and secured a $1 million working capital facility to fuel its Embedded Finance growth strategy.

Spenda Limited has reported a record-breaking quarter with cash receipts soaring 160% year-on-year and payment volumes more than doubling, signaling strong momentum as it advances toward profitability.

Investor Centre Limited’s December quarter report reveals a strategic pivot with the withdrawal of its capital raising prospectus, the appointment of a new director, and ongoing talks to expand its wholesale financial services.

Citigroup Global Markets Australia has announced a fully franked dividend of AUD 0.32 for its CCP Citi Instalments, with key dates set for mid-March 2025. Investors should note the ex-dividend trading start and payment schedule aligning with CCP Ordinary shares.

FinTech Chain Limited reports a robust increase in cash balances and positive operating cash flow for Q3 2024, alongside new contract wins and ongoing legal proceedings related to a past misappropriation case.

Australian Bond Exchange Holdings reports a halving of its operating cash flow shortfall in Q2 FY25, driven by a successful cost reduction program and the launch of a new market-linked security. The company is accelerating its AI initiatives to enhance compliance and transaction efficiency.

AustChina Holdings Limited has requested a voluntary suspension of its shares as it prepares to announce a significant acquisition, extending a prior trading halt to ensure orderly disclosure.

DigitalX Limited reported a 15% revenue increase in Q4 2024, driven by staking activities and performance fees, alongside a $10.3 million private placement and strategic Solana investment. The DigitalX Bitcoin ETF surpassed $50 million in funds under management, delivering a 67.4% quarterly return.

IODM Limited reported a robust 49.4% increase in Q2 FY25 cash receipts, driven by explosive growth in its UK Education segment and strategic onboarding of prestigious universities.