QFE
Director Trades
| Date | Director | Value |
|---|---|---|
| B. Coombes | $84,000 | |
| M. McConnell | $100,000 | |
| D. Smorgon | $175,000 | |
| Michael McConnell | $102,386 |
Company News
QuickFee Sells US Pay Now Business to Aiwyn for A$40m, Withdraws FY26 Earnings Guidance
QuickFee (ASX: QFE) has completed the sale of its US Pay Now division for US$26.35 million (A$40m) to Aiwyn, a KKR and Bessemer Ventures-backed US technology company focused on accounting-related payments and practice management solutions. Priced at a multiple of 5 times FY25 revenue of US$5.3m, the divestment covers QuickFee’s US ACH, card and Connect […]
Should ASX investors succumb to the Buy Now, Pay Later FOMO?
As with the coronavirus, the buy now, pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, fear of missing out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in […]
QuickFee and Splitit join forces to court US professional services market
The professional services market in Australia is set to receive a greater range of funding options “in the coming weeks” courtesy of a new partnership between payment and lending company QuickFee (ASX: QFE) and payment solutions provider Splitit Payments (ASX: SPT). The deal means QuickFee will launch its new interest-free service in the US and […]
Buy Now Pay Later stocks rally to new highs
Buy Now Pay Later (BNPL) stocks were subject to an investment frenzy this week with major and mid-tier BNPL companies enjoying the upward ride. It was a wild ride for BNPL heavy-weight Afterpay (ASX: APT), which hit an all-time high of $53.81 on Thursday, closing at $50.61 per share on Friday, up 8.77% for the […]
QuickFee sets lending and client acquisition record as professional payments market continues to thrive
Payment platform provider QuickFee (ASX: QFE) has passed its second milestone of achieving record lending levels meaning the company will now issue further stock to QuickFee US employees and to vendors that facilitated a $13.5 million capital raising earlier this year. Following the success of QuickFee Australia, a separate US branch was established in 2016 but […]
QuickFee impresses investors with its accounting services and family law payment platform
Payment platform provider QuickFee’s (ASX: QFE) shares have sky rocketed more than 212% within its first two days of trade on the ASX, after it reported (unaudited) a 170% growth in transaction activity in Australia for the financial year ending June 2019, with activity in the US soaring 182% during the same period. QuickFee began […]
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