Financial Stocks

Is Evergrande bond default anxiety over?

Evergrande, China Evergrande, Evergrande default

Highlights Evergrande's financial hustle has a new twist. The Chinese property group has avoided default. Evergrande made a repayment to global bondholders; the domestic picture is still grim. The global market speculation around China's ...

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Humm shares on spotlight over quarterly results

Humm shares on spotlight over quarterly results

  • October 22, 2021 01:07 PM AEDT
  • Samta

Highlights Humm Group share price was trading up after the company released its Q1 results. BNPL segment volume rose by 44.5% to AU$308.8 million. Group’s total customers increased by 6.1% to 2.7 million. The share price of Humm G...

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CountPlus (ASX:CUP) acquires Accurium from Challenger Limited

CountPlus (ASX:CUP) acquires Accurium from Challenger Limited

Highlights CountPlus has announced that it has concluded the term to acquire Accurium Pty Ltd from Challenger Limited (ASX:CGF). The total purchase consideration involved in the acquisition is AU$9.00 million. Backed by this announcement, the ...

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Zip (ASX:Z1P) delivers record Q1 revenue; completes rebrand

Zip (ASX:Z1P) delivers record Q1 revenue; completes rebrand

  • October 18, 2021 09:30 AM AEDT
  • Ashish

ASX-listed buy-now-pay-later (BNPL) player Zip Co Ltd (ASX:Z1P) on Monday announced record financial performance for the period ending 30 September 2021 with strong Q1 results across its core BNPL operations in US, Australia, New Zealand, and UK. ...

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A look at dividend paying fintech stocks- CI1, IRE, BVS

A look at dividend paying fintech stocks- CI1, IRE, BVS

Highlights The Australian Fintech industry has made significant progress since 2015 till date. Many fintech players with a strong market in Australia have started expanding in global markets. Despite significant growth, while many players do n...

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IAG (ASX:IAG) under ASIC lens for ‘misleading’ customers over discounts

IAG (ASX:IAG) under ASIC lens for ‘misleading’ customers over discounts

  • October 15, 2021 09:59 AM AEDT
  • Ashish

The Australian Securities and Investments Commission (ASIC) on Friday announced that it has launched court proceedings against Insurance Australia Group Ltd (ASX:IAG) in the NSW Federal Court over the insurer’ alleged failure to honour discou...

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HUB24 (ASX:HUB) is on rise today after update on Q1 performance

HUB24 (ASX:HUB) is on rise today after update on Q1 performance

Highlights  HUB24 releases Quarter 1 FY22 market update along with business updates. Updates lead to the increase in the share prices in afternoon. The company reported record inflow for the month of Septembers and overall as well. S...

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Harmoney (ASX:HMY) shares move up on ASX. Here’s why

Harmoney (ASX:HMY) shares move up on ASX. Here’s why

Highlights Harmoney share price gained more than 8% in the wee hours of ASX trade today. The Company has witnessed a record September quarter. Australian new customer originations grow up 885% versus pcp. Online direct personal lender Har...

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Change Financial (ASX:CCA) secures new US client

Change Financial (ASX:CCA) secures new US client

Highlights Change Financial Limited secures card management and new processing client in the US. The program will be launched by Q3 FY22. The contract value stands at AU$1 million approximately for 3 years. Financial technology provider, ...

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BOQ Group (ASX:BOQ) on investors’ radar with 83% rise in FY21 cash earnings

BOQ Group (ASX:BOQ) on investors’ radar with 83% rise in FY21 cash earnings

Australian banking group Bank of Queensland Limited (ASX:BOQ), shared its FY21 results on ASX today. The banking company has posted substantial profit and cash earnings for FY21. It has also completed the acquisition of ME Bank which is driving int...

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Plenti (ASX:PLT) reports record 140% year-on-year growth  

Plenti (ASX:PLT) reports record 140% year-on-year growth  

Highlights Plenti Group has reported quarterly loan originations of AU$256.4 million, 140% more than the last year and 18% higher than the preceding quarter.  Assuming consistent credit performance, the Group expects to achieve positive mo...

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