Latest Financial Technology News

Spenda Limited has reshaped its business with significant cost cuts, divested non-core assets, and secured major shareholder backing, positioning itself for cash flow positive operations.

Way2VAT Ltd lifted its Q2 FY26 revenue by 30%, launching the Way2Invoice e-invoicing platform amid growing global VAT compliance demands. The company also expanded its debt facility to support growth and pursue M&A opportunities.

Complii FinTech Solutions reported modest ARR growth and a key institutional contract in Q4 FY26, while advancing product development and managing cash flow pressures.

Change Financial has delivered strong FY26 results with revenue up 21% and underlying EBITDA soaring 17-fold, driven by scaling of its Vertexon PaaS platform and expanding client base.

Credit Clear Limited has posted a 28% revenue increase to $60 million and a 41% jump in underlying EBITDA to $10.4 million for FY26, beating guidance and driven by organic growth and recent acquisitions in Europe and debt collection.

Praemium’s total Funds Under Administration surged 21% to $77.9 billion in FY26, driven by strong platform net inflows and robust growth in non-custodial portfolio administration.

HUB24 delivered a standout FY26 with record net inflows of $18.9 billion, a 20% rise excluding large migrations, and boosted total Funds Under Administration to $164.3 billion. The platform’s adviser base grew 11%, while new product launches and AI-driven tools expanded its market footprint.

Ovanti appoints two early Afterpay executives to its Advisory Board as it prepares to relaunch its BNPL platforms IOUPAY and myIOU, targeting rapid growth in Southeast Asia and beyond.

Netwealth Group posts a record $135.7 billion in funds under administration for FY26, driven by strong net flows and platform enhancements despite short-term geopolitical jitters.

Identitii has secured a $20 million convertible note facility with The Blackstone Mercantile Group, including a $5 million binding commitment subject to shareholder approval. The funding aims to support growth of the BNDRY platform and strengthen the company’s balance sheet ahead of a planned cashflow breakeven.

Bravura Solutions plans to list on the London Stock Exchange's AIM market by late July 2026, aiming to tap into UK and European institutional investors while maintaining its ASX primary listing.

Credit Clear's subsidiaries ARMA and Force Legal are defending allegations by the ACCC of Australian Consumer Law breaches related to debt collection communications over a three-year period.