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QuickFee Ltd. ( (AU:QFE) ) has issued an announcement.
QuickFee Limited has successfully completed an oversubscribed Share Purchase Plan, raising a total of A$1.532 million to fund loan book growth and strengthen its balance sheet. This capital raise, which includes a previous A$1.25 million placement, supports QuickFee’s strategy for transformational growth in the US, focusing on its high-margin Finance and Connect products. The company aims to continue its positive momentum and profitability, bolstered by strong shareholder support.
More about QuickFee Ltd.
QuickFee Limited is a fast-growing financial technology company focused on helping professional service firms accelerate their accounts receivables and get paid faster. The company offers multiple online payment options and e-invoicing integrations for practice management systems, primarily serving the accounting and legal professions in the United States and Australia.
Average Trading Volume: 189,769
Technical Sentiment Signal: Sell
Current Market Cap: A$16.54M
For an in-depth examination of QFE stock, go to TipRanks’ Overview page.