Highlights
• Inaugural $2m revenue in a quarter
• Payment processing revenue of $1.03m for the quarter with growth of 108% to the corresponding quarter last year
• Application for restricted Authorised Deposit Taking Institution (ADI) banking licence in consultation phase
• Continued revenue and operational growth expected in the current quarter
Novatti Group (ASX:NOV or ‘the Company’), an online financial transactions processor and financial technology developer, is pleased to provide its quarterly update for the three months ended 31 March 2019.
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