Latest Payments News

Harmoney Corp Limited has turned around its fortunes with a $5.5 million profit for FY25, reversing last year's loss, while revenue climbed nearly 8%. Despite the positive results, the company has not declared any dividends.

Ideagen has completed its acquisition of Envirosuite through a scheme of arrangement, with shareholders receiving A$0.09 per share. Envirosuite shares will be officially delisted from the ASX on 21 August 2025.

Magellan Financial Group has updated its dividend announcement, correcting the fully franked total dividend to 46.9 cents per share, significantly higher than initially stated. This adjustment reflects a robust payout comprising final, performance fee, and special dividends.

Genetic Technologies Limited has emerged from voluntary administration following a strategic asset sale and is now pursuing recapitalisation and acquisitions to restore its market position.

HomeCo Daily Needs REIT has announced a quarterly distribution of 2.125 cents per unit for Q2 2025, alongside confirmation of its Attribution Managed Investment Trust status for the fiscal year.

Frontier Digital Ventures has uncovered apparent misappropriation of approximately USD 430,000 within its Colombian business, Fincaraiz, prompting an ongoing investigation and operational safeguards.

Vicinity Centres confirms its distribution reinvestment plan will apply to the FY25 final distribution, offering investors a 1% discount on new securities issued under the plan.

VGI Partners Global Investments Limited reported a $17.6 million net loss for FY25 but maintained its dividend policy and executed a $73 million share buy-back, signaling confidence amid market challenges.

Beam Communications finalizes the independent valuation of its Zoleo Inc. joint venture stake at US$13.7 million and confirms plans to return capital to shareholders.

Magellan Financial Group has announced a fully franked total dividend of AUD 0.469 per share, combining a final dividend, a performance fee dividend, and a special dividend for the six months ending June 2025.

Vicinity Centres confirms its distribution reinvestment plan will apply to the FY25 final distribution with a 1% discount on new securities, inviting investors to reinvest dividends under favourable terms.

Ovanti Limited has secured a strategic three-year partnership with Shift4 Payments to launch its innovative Buy Now Pay Later services across over 100,000 US merchants, leveraging AI-driven credit models and stablecoin-backed funding.