- QuickFee (QFE) and Splitit (SPT) have teamed up to launch a new product in the U.S. and Australian markets
- The interest-free product allows QuickFee clients to pay their invoices in four instalments using SplitIt’s system
- The new product will expand QuickFee’s market and also help them become a leader in the advice now, pay later market
- In advance of the launch, QuickFee has launched a $17.5 million capital raise via a placement and share placement plan
- Shares in QuickFee have been locked up as a result, with trading expected to resume on September 21
- Shares in QFE last traded for 64 cents each