Latest It Services News

Kina Securities Limited has committed US$5 million to acquire a 17% stake in NiuPay Pacific, deepening a partnership aimed at transforming public sector digital payments across the South Pacific.

Findi Limited has rapidly expanded its White Label ATM franchise and achieved a record A$5.26 billion annualised digital transaction run-rate on its Bankit platform in October 2025, signaling strong momentum in India’s payments landscape.

HealthCo Healthcare & Wellness REIT confirms full collection of deferred and current rent from Healthscope, while advancing conditional agreements with alternative tenants for its hospital portfolio.

Tinybeans Group Ltd has announced its strategic acquisition of US-based family journaling platform Qeepsake, nearly doubling its paid subscriber base and accelerating its path to profitability through product integration and expanded revenue streams.

Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

Group One Capital Limited has appointed Ross Patane as Managing Director and CEO, marking a strategic leadership transition with seasoned expertise at the helm.

Activeport Group has formed a strategic partnership with Clarity Global to integrate advanced OSS/BSS software into its network orchestration platform, aiming to accelerate automation and revenue growth in the booming $60 billion telecom software sector.

Aquirian Limited has completed a strategic review of its Wubin Energetics Precinct and entered a framework agreement with Hongda Civil Blasting Group to establish a joint venture for an automated electronic detonator facility in Western Australia.

Pepper Money and KKR have agreed to acquire Westpac’s RAMS home loan portfolio, marking a significant move in Australia’s mortgage servicing landscape. The $21.4 billion portfolio acquisition aligns with Pepper Money’s strategy to expand its capital-light servicing business.

Westpac has agreed to sell its $21.4 billion RAMS mortgage portfolio to a consortium led by Pepper Money, KKR, and PIMCO, aiming to simplify operations and boost capital ratios despite an expected loss on sale.

Westpac Banking Corporation reported a modest decline in full-year net profit, while advancing key transformation initiatives and raising dividends slightly.