CREDIT INTELLIGENCE ORD
Credit Intelligence launches YOZO Pay BNPL service for SMEs
Credit Intelligence (ASX: CI1) is the latest entry into the popular buy now pay later space, with the launch of its YOZO Pay BNPL service for small-to-medium enterprises. YOZO Pay has been designed to offer BNPL borrowers a credit facility with more flexible repayment frequency options with costs only incurred on facility drawdowns. Credit Intelligence […]
Credit Intelligence posts 384% increase in full-year net profit
Financial services provider Credit Intelligence (ASX: CI1) has reported significant jumps in revenue and profits for the 12 months ended 30 June and also declared a dividend of $0.0005 per share. The company today released its preliminary final report for the year, announcing a 125% increase in revenue to $13.6 million while net profit jumped […]
The best and worst of times loom for ASX listed debt collectors
With apologies to Charles Dickens, it’s the best of times or the worst of times for the receivables management industry – known in less polite circles as ‘debt collectors’. Broadly speaking, the sector’s fortunes are inversely correlated to the economy, so swelling unemployment and consumer and business stresses imply rosy fortunes. But, too much misery […]
Credit Intelligence completes acquisition of Chapter Two
Financial services provider Credit Intelligence (ASX: CI1) has announced the completion of its 60% acquisition of Sydney-based debt restructuring firm, Chapter Two Holdings, and has its eye on more Australian businesses. Today’s news follows a share purchase agreement announced in early June with the Hong Kong and Singapore-based lender aiming to use the acquisition to […]