Latest Financial Services News

Kina Securities Limited has committed US$5 million to acquire a 17% stake in NiuPay Pacific, deepening a partnership aimed at transforming public sector digital payments across the South Pacific.

Findi Limited has rapidly expanded its White Label ATM franchise and achieved a record A$5.26 billion annualised digital transaction run-rate on its Bankit platform in October 2025, signaling strong momentum in India’s payments landscape.

Group One Capital Limited has appointed Ross Patane as Managing Director and CEO, marking a strategic leadership transition with seasoned expertise at the helm.

Westpac Banking Corporation reported a solid $6.9 billion net profit for FY25, underpinned by strong deposit growth and ongoing digital transformation, while advancing ambitious sustainability targets.

Westpac Banking Corporation reported a solid $6.9 billion statutory net profit for 2025, maintaining strong capital and credit quality while increasing dividends. The bank’s ongoing transformation and disciplined growth underpin its outlook amid evolving economic conditions.

Westpac Banking Corporation reported a slight 1% decline in net profit to $6.916 billion for 2025, while maintaining a strong capital position and progressing its UNITE transformation program. The bank declared a fully franked final dividend of 77 cents per share, underscoring its commitment to shareholder returns amid ongoing economic challenges.

ANZ Group Holdings Limited has announced a 1.5% discount on shares acquired through its Dividend Reinvestment and Bonus Option Plans for the upcoming 2025 final dividend, signaling a subtle shift in shareholder incentives.

Betashares Capital Ltd has announced the final distribution amounts for October 2025 across multiple ETFs listed on the ASX AQUA market, alongside details on the Distribution Reinvestment Plan (DRP) and key dates for investors.

CL8 Holdings has finalized proceeds from its Carly Car Subscription sale, slashed expenses, and is actively pursuing new business opportunities despite a lean cash position.

Clime Investment Management has bolstered its balance sheet with a $2.3 million placement and launched a strategic product review amid evolving market dynamics and industry consolidation.

HALO Technologies reports a 17% rise in quarterly revenue, driven by a surge in brokerage income and a strategic launch of Managed Funds in Australia, supported by a recent $3.9 million rights issue.

Income Asset Management has issued 34 million new equity-linked securities to key staff, potentially diluting shares by 3.7%, aiming to better align employee rewards with shareholder value.