The latest update is out from PEXA Group Limited ( (AU:PXA) ).
PEXA Group Limited has received approval from the UK’s Financial Conduct Authority to operate as an Authorised Payment Institution, a critical step for launching its UK Sale & Purchase product in the second half of 2025. This approval enhances PEXA’s ability to engage with UK financial institutions and conveyancers, strengthening its market position and expanding its product offerings in the UK property market.
More about PEXA Group Limited
PEXA (Property Exchange Australia) is a leading digital property exchange and data insights business, listed on the Australian Stock Exchange. It has facilitated over 20 million property settlements since 2013, with 90% of property transfer settlements in Australia processed on its platform. In 2022, PEXA expanded its services to the UK with its refinancing capability.
YTD Price Performance: -13.78%
Average Trading Volume: 389,956
Technical Sentiment Signal: Buy
Current Market Cap: A$2B
For an in-depth examination of PXA stock, go to TipRanks’ Stock Analysis page.