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Hubify Ltd. ( (AU:HFY) ) has shared an update.
Hubify has completed a $250,000 equity investment in HubLab Pty Ltd, an Australian AI operating layer built on U.S.-based regulatory technology platform Labrynth AI, at $0.042 per Hubify share. Non-executive director Charbel Nader becomes HubLab’s director and chairman alongside Labrynth CEO Stuart Lacey, while Hubify will serve as HubLab’s execution arm, generating revenue from AI advisory and implementation services.
HubLab is accelerating commercialisation of Labrynth’s regulatory intelligence engine in Australia, with live AI solutions already operating in payroll compliance and healthcare and further applications advancing in financial services, construction and government. Its first product, CERTAiNTY, is billed as Australia’s first insurance-backed payroll assurance platform, as Hubify’s investment terms include options for additional funding, anti-dilution protections and tag-along rights that deepen its strategic exposure to the fast-growing RegTech market.
More about Hubify Ltd.
Hubify Ltd., listed on the ASX under ticker HFY, is a provider of AI-powered ICT managed services and cyber security solutions to Australian businesses. The company focuses on acting as an execution layer for enterprise AI, deploying, securing and supporting advanced AI platforms for commercial and government clients across multiple regulated industries.
Average Trading Volume: 3,736,575
Technical Sentiment Signal: Buy
Current Market Cap: A$8.27M
Find detailed analytics on HFY stock on TipRanks’ Stock Analysis page.