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Douugh Ltd ( (AU:SKK) ) has provided an announcement.
Stakk Ltd has successfully secured a $15 million equity placement from international and domestic institutional investors, indicating strong market confidence in its technology-driven strategy. The funds will be used to expand its business model, focusing on organic and strategic growth initiatives, and enhancing its leadership team to meet international vendor due diligence requirements.
More about Douugh Ltd
Stakk Ltd operates in the technology sector, focusing on Embedded Finance solutions. The company provides a SaaS-focused business model and has recently seen significant growth in its Annual Recurring Revenue, particularly in the U.S and Australian markets.
Average Trading Volume: 131,870,118
Current Market Cap: A$124.5M
For an in-depth examination of SKK stock, go to TipRanks’ Overview page.