DOU.ASX
Weekly wrap: shares rise to a record high on mining optimism
Australian shares just managed to seal a record closing high on Friday, with a strong rally in mining shares managing to offset losses in almost every other sector. By the close of trade, the ASX 200 was up a slim 8.5 points or 0.1% to 8212.2 points, with the index closing just above flat for […]
Douugh to acquire Radical DBX in major push for embedded finance and B2B expansion
The market seems to approve of the proposed move by Australian fintech Douugh (ASX: DOU) to acquire US digital banking specialist Radical DBX (R-DBX). Founded by some of the industry’s best and brightest alumni from organisations such as SoFi, Mastercard, Galileo Financial Technology, Urban FT and Lending Club, R-DBX has contracts with some of the […]
Douugh launches first phase of new financial super app to Australian market
Australian consumer fintech Douugh (ASX: DOU) has launched the first phase of a new financial super app to the domestic market. The soft launch will see the company remove a key barrier to investment entry by allowing customers to connect existing bank accounts directly to the Douugh platform using open banking. This approach differs to […]
Douugh records strong start in first three months since ASX listing
Artificial-intelligence-driven technology company Douugh (ASX: DOU) has reported strong customer and transactional growth in the first three months since hitting the ASX boards in November. The financial wellness app provider has experienced consistent monthly growth across key metrics, with its iOS app downloaded and installed over 29,000 times after listing via a reverse takeover of […]