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An update from EarlyPay Limited ( (AU:EPY) ) is now available.
Solvar Limited has acquired a 19.9% stake in Earlypay Limited, a provider of working capital finance to Australian SMEs. This strategic acquisition aligns with Solvar’s strategy to expand into underserviced markets, providing the company exposure to large commercial markets adjacent to its core operations.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.29 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
More about EarlyPay Limited
Solvar Limited is a market-leading consumer and commercial finance company with over 20 years of experience in Australia and New Zealand. The company has funded over $2 billion in vehicles and personal loans, primarily dominating the used-vehicle finance market. Solvar leverages technology to provide a seamless application process for loans through brokers, online, or directly to the group.
Average Trading Volume: 166,940
Technical Sentiment Signal: Sell
Current Market Cap: A$54.44M
See more insights into EPY stock on TipRanks’ Stock Analysis page.