Proactiveinvestors Australia - General Financials RSS feed Proactiveinvestors Australia - General Financials feed en Sun, 21 Jan 2018 17:04:22 +1100 Genera CMS Stargroup granted additional time to complete strategic review Mon, 13 Nov 2017 11:01:00 +1100 Stargroup appoints Cameron Ross to the board Tue, 07 Nov 2017 09:39:00 +1100 Stargroup progresses restructuring of finances Mon, 23 Oct 2017 11:41:00 +1100 Stargroup moving towards finalising debt restructure Thu, 19 Oct 2017 10:19:00 +1100 Stargroup to outline restructure of debt ahead of Bitcoin tailored solution Tue, 17 Oct 2017 10:40:00 +1100 Stargroup's Todd Zani discussed Bitcoin and growing revenue with investors at Proactive's CEO Sessions Fri, 15 Sep 2017 10:39:00 +1000 Stargroup's Todd Zani brings casino cash and Bitcoins to Proactive's CEO Sessions Fri, 08 Sep 2017 14:34:00 +1000 Stargroup beats one-day trading record by ten times following Bitcoin deal Tue, 05 Sep 2017 12:54:00 +1000 Stargroup tailors solution for buying and selling Bitcoin Mon, 04 Sep 2017 09:25:00 +1000 Stargroup's investment in South Korean company upwardly revalued Wed, 23 Aug 2017 10:14:00 +1000 Stargroup showcases foreign currency casino table deposit solution Tue, 22 Aug 2017 11:39:00 +1000 Stargroup's Todd Zani snaps up more shares on-market Thu, 10 Aug 2017 09:39:00 +1000 Stargroup posts 14th record quarter of revenue Fri, 14 Jul 2017 11:00:00 +1000 Stargroup Ltd's Todd Zani boosts stake Thu, 06 Jul 2017 11:00:00 +1000 Swift Networks Group gets ready to pounce Tue, 04 Jul 2017 10:30:00 +1000 Stargroup: Broker notes Pathway Set Towards Profitability Fri, 16 Jun 2017 11:00:00 +1000 Stargroup to release shares from voluntary escrow Tue, 06 Jun 2017 09:00:00 +1000 Stargroup further enhances Automatic Teller Machine position Thu, 01 Jun 2017 11:00:00 +1000 Stargroup makes a compelling valuation Mon, 29 May 2017 14:00:00 +1000 Stargroup doubles size of Goldfields deal due to ATM growth Thu, 18 May 2017 11:00:00 +1000 Stargroup completes Indue acquisition and launches vertical integration Mon, 08 May 2017 12:30:00 +1000 Stargroup secures funds to complete Indue acquisition Mon, 01 May 2017 11:00:00 +1000 Stargroup attracts professional and sophisticated investors Thu, 27 Apr 2017 09:30:00 +1000 Stargroup makes Indue acquisition part payment Tue, 11 Apr 2017 10:30:00 +1000 Stargroup continues its record run, revenue surges Wed, 05 Apr 2017 10:30:00 +1000 Stargroup updates on Indue acquisition Tue, 28 Mar 2017 10:30:00 +1100 Stargroup shares in NeoICP’s net profits Mon, 13 Mar 2017 09:30:00 +1100 WolfStrike Rentals Group granted pre-open status ahead of meeting Wed, 08 Mar 2017 08:30:00 +1100 Directmoney leading Friday's ASX % Gainers intra-day Fri, 03 Mar 2017 11:30:00 +1100 Stargroup posts record December half results Wed, 01 Mar 2017 08:00:00 +1100 'A massive, transformational year' says Stargroup Ltd's Todd Zani The financial technology company Stargroup Ltd (ASX:STL) listed on the Australian Securities Exchange and is the only listed company there deploying ATM machines across the country.

CEO and Executive chairman Todd Zani tells Proactive: ''We've had a massive year - 520% growth in revenue, we're on track this year for another 300% growth. It's been a massive transformational year for us''.

Discussing what's driving that growth, Zani says ''We did do two acquisitions during the year. We bought two smaller ATM networks, it's a fairly fragmented market in Australia, so we picked up a couple of really good sales networks ... the rest has been organic growth''.

Mon, 21 Nov 2016 09:30:00 +1100
S & U plc looking to diversify with new bridging finance pilot Motor finance company S & U Plc (LON:SUS) will spend up to £20mln investing in a new pilot property bridging finance business over the next 18 months if it deems it worthwhile.
So says chairman Anthony Coombs, talking to Proactive,  after the company  posted six month results to the end of July - a period, which saw the niche lender sign its 100,000th customer at its Advantage motor finance business.
Coombs highlighted that in the latest half it had invested a further £23.3mln in the Grimsby-based motor finance arm, where capital receivables from customers have reached £200mln for the first time.
The property finance pilot will allow the firm to diversify further, he said, and will be geared at people who may need a short term loan while stuck in a mortgage chain, or who are looking to refurbish a buy-to-let property.
Market research group Mintel reckons the market is likely to go from £5.8bn now to £9bn by 2020, says Coombs.
In the six months to July 31, profit before tax at the group shot up 35% to £11.9mln from £8.8mln in the corresponding period of 2015 on the back of a 39% increase in revenue to £28.3mln from £20.4mln the year before.
The half-year saw record amounts of motor finance loans at Advantage Finance, with advances to vehicle purchasers up 54% year-on-year.

Thu, 29 Sep 2016 23:54:00 +1000