- Cirralto (CRO) has released a wide-ranging business update, which provided news on its debt levels and recent audits
- An audit of the Spenda system found low-level cybersecurity threats, while a separate audit of the company’s cloud-hosted environment prompted scaling improvements
- The company also managed to wipe $1.4 million worth of debt off its books, after undertaking a capital raise
- Looking ahead, Cirralto said it plans to launch new SpendaCollect features in Q4 CY20
- Finally, the third upgrade involves Integrating Invigo’s services, to allow B2B pay-later finance access
- Shares in CRO are trading up 2.38 per cent, at 4.3 cents per share
