IXUP Ltd. (AU:IXU) has released an update.
IXUP Ltd. has initiated revenue generation from its RegTech solutions in North America with the commencement of a centralised self-exclusion contract in Ontario, marking the company’s first earnings in the region. The project, which is a joint venture with IC360, is expected to significantly contribute to IXUP’s near-term cash inflows and reduce the group’s monthly cash burn rates. IXUP is also strategizing to secure additional contracts within the North American market, building upon this initial success.
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