Credit Clear (ASX: CCR) has added Bell Potter Securities director of equity capital markets Hugh Robertson to its board to help accelerate the company’s growth.
Mr Robertson will join Credit Clear as a non-executive director. He has more than 35 years’ experience in financial services and equity markets.
In addition to his experience in financial and equity markets, Mr Robertson has held many director appointments with public companies including AMA Group (ASX: AMA), Centrepoint Alliance (ASX: CAF), Hub24 (ASX: HUB), and OAMPS before it was acquired by Wesfarmers (ASX: WES).
Credit Clear chairman Gerd Schenkel said Mr Robertson brings “deep and relevant” industry and capital markets experience.
“We look forward to working with Hugh in accelerating the growth of Credit Clear and solidifying our position as the leading technology company in the receivable management sector,” Mr Schenkel said.
Growing Credit Clear
Mr Robertson said he was looking forward to working with Credit Clear to capitalise on its “tremendous opportunities” available.
His appointment comes ahead of Credit Clear’s annual report which is scheduled to be released next week.
The annual report follows the company’s full year results that revealed a 70% rise on revenue to $11 million for FY 2021 compared to FY 2020.
Credit Clear attributed the record growth to increasing digital revenues, new client wins and high retention rates.
The company provides receivables management solutions via its proprietary digital billing and communications platform.
According to Credit Clear, its technology allows businesses to drive smarter, faster and more innovative financial outcomes.
It does this by changing the way customers manage their payments.
Credit Clear manages more than 350,000 active customer accounts across various industries including transport, financial services, insurance, government and utilities.
The company says it plans to continue developing and rolling-out “new and exciting” platform functionality to grow its market share.