Smartpay delivers profit No Source Eftpos system provider Smartpay made a net profit before tax of $473,000 in the six months to September 30, including six weeks trading from the ProvencoCadmus assets it purchased from receivers. |
SmartPay makes final payment for Provenco No Source Merchant payments system provider SmartPay has paid the final payment of $3 million for the purchase of ProvencoCadmus assets from the receiver. |
SmartPay to seek bank funding No Source SmartPay Ltd is paying an interest rate of 15 percent on $3 million of funding it obtained quickly from a private investor to help fund its purchase of the ProvencoCadmus payments division from receivers. |
Smartpay reports 'milestone' profit No Source SmartPay, which is paying $6 million for the payments division of collapsed ProvencoCadmus, has reported it made a "milestone" net profit in the three months to June.
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SmartPay buys part of ex-rival The Dominion Post SmartPay now ranks as New Zealand's largest eftpos provider after snapping up the payments division of debt-laden rival ProvencoCadmus for what market commentators say is a knock-down price. |
SmartPay buys Provenco payments division No Source SmartPay Ltd is buying the payments division of collapsed ProvencoCadmus for an undisclosed sum. |
Smartpay settles Fivo purchase No Source Merchant services provider SmartPay has settled the purchase of Fivo, after agreeing to buy it earlier this year. |
Smartpay seeks to mitigate earn out provisions No Source SmartPay says it is trying to remove or mitigate any earn out provisions from all its recent acquisitions to ensure value is maintained for shareholders. |
SmartPay's March year net loss widens NZPA SmartPay New Zealand said today its March year loss widened to $2.58 million from $1.49m a year earlier. |
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