News for Credit Clear Limited (CCR.AX)

The ASX200 had a strong start to the week rising 0.86% to 7989.60 points – not far off the recently hit 8000 level.

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The ASX has managed to keep hold of early gains, closing 0.78% higher as Energy and Materials (and banks) enjoy a day in the sun for a change.

Australian fintech Credit Clear (ASX:CCR) has swung multiple changes to its board, appointing Paul Dwyer and Andrew Smith as Chairman of the Board and Managing Director, respectively.

ASX directors went big in December with a Meteoric Resources director buying ~$253k worth of shares in the stock, up 260% during month.

Credit Clear (ASX:CCR) unique technology advantage will allow an increase in market share and international expansion over next 3 years.

It’s been a record-breaking year for account receivables technology company Credit Clear (ASX: CCR), with chairman Hugh Robertson saying “exceptional progress” had been made particularly since the “transformational acquisition” of ARMA Group in February.

Once again, the Australian share market has overlooked the fact that interest rates will continue to rise in the US, with the BHP takeover of OZ Minerals helping to produce a small rise.

Despite a mid week bump, the ASX 200 shed 1.21% to close the week at 6676.8 points.

The first quarter of the new financial year has seen Australian receivables management solution provider Credit Clear (ASX: CCR) achieve cashflow positive status, generating $531,000 from its operating activities.

Credit Clear (ASX:CCR) continues its work in the insurance sector picking up new clients with a major Aussie insurer.

Victoria could soon be home to wave energy power projects and Netflix, Hulu and Disney+ ASX producer Beyond gets acquired.

Credit Clear (ASX:CCR) is up 20% after it hit record revenue for August of $3.28m its fourth consecutive month of operational profitability.

Attitudes towards tardy payers are hardening, as rising interest rates not only increase distress but increase the time value of the arrears.

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