HUM
Director Trades
| Date | Director | Value |
|---|---|---|
| R. Hines | $50,165 | |
| S. Grimshaw | $49,209 | |
| R. Hines | $53,063 |
Company News
hummgroup’s strategic refocus delivers 145% profit surge in FY2024
A business refocus in the second half of the 2024 financial year has helped Australian fintech hummgroup (ASX: HUM) drive solid performance across its operations. Strong growth in receivables balances contributed to a statutory net profit after tax of $7.1 million, representing an increase of 145% on the previous 12-month period, along with a normalised […]
How ASX BNPL stocks fell from grace
If there is one market sector that encapsulates the rapid change in share market sentiment this year, it is the buy now pay later (BNPL) sector. It was one of the few “technology’’ areas that Australia dominated in the long bull market but the sector is now littered with broken deals and extreme share price […]
Can these fallen small cap angels regain their wings?
One of the trickiest aspects of investing is deciding whether a fallen angel will ever fly again. If they do regain their wings, the rewards of buying in at distressed levels can be enormous. But as they impress on newcomers in Masterchef safety briefings, trying to catch a falling knife can be highly injurious. As […]
PayPal enters Australian buy now, pay later space
Global online payment giant PayPal is joining the Australian buy now pay later (BNPL) market, going up against local rival Afterpay (ASX: APT) with the launch of its ‘Pay in 4’ credit platform. In an announcement on Wednesday, the Nasdaq-listed giant said its BNPL solution will be available to its 9 million Australian customers in […]
Humm Group posts strong half-year results ahead of UK and Canada launch
Humm Group (ASX: HUM) has reported solid growth in its customer base and buy now, pay later (BNPL) transactions over the last six months, placing it in a good position to enter the United Kingdom and Canadian markets in the second half. The payment solutions provider has almost quadrupled its total BNPL transactions in the first […]
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 […]
Douugh and Humm join forces to offer buy now pay later credit service to US market
Newly-listed neobank Douugh (ASX: DOU) has entered into a strategic partnership with Humm Group (ASX: HUM) to launch an integrated, interest-free buy now pay later (BNPL) offering for the United States market. Under the terms of the joint venture, Humm (which officially rebranded from Flexigroup (ASX: FXL) yesterday) will “power” the solution via its BNPL […]
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