Australia-based payment services provider Novatti Group Ltd (ASX:NOV), which had its public float on ASX in January this year, today announces that it has secured two new Asia-headquartered clients.
Contracts have been signed and initial payments received from these two clients that are going to use the Novatti Payments Platform for payment processing transaction on a Software as a Service (SaaS) basis.
The company expects combined revenues of AUD 200,000 in project fees payable before June this year, on top of ongoing SaaS revenues of around AUD 250,000 per year.
The company anticipates further contract wins from various geographic locations as it continues to develop its payments platform and expands its clientele.
You can view the full announcement from Novatti by clicking here.