NOV 0.00% 3.2¢ novatti group limited

a restricted licence still involves a sizeable financial...

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    a restricted licence still involves a sizeable financial commitment (and existing infrastructure) beyond the limit of most fintechs.Cook estimates the cost for Novatti around $7m, including $3m for tier-one capital. That’s no small beer for an entity that turned over $9.1m in the June quarter and held $4.5m of cash.

    So capital raising on the corner?

 
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