Credit Intelligence: Completes 60pc ChapterTwo buyout

Date:

Share post:

Credit Intelligence: Completes 60pc ChapterTwo buyout

  • Credit Intelligence (CI1) has completed its purchase of a 60 per cent interest in ChapterTwo Holdings
  • The buy, which revealed in early June, gives Credit Intelligence a foot in the door of the Australian financial management market
  • Today, Jimmie said the company delighted to partner with ChapterTwo and its Managing Director and Founder, Chris Mushan
  • The complementary businesses particularly important given the extreme economic conditions brought about by the COVID-19 crisis
  • Credit Intelligence Chairman Jimmie Wong also said this is the first step in the company’s Asia-Pacific expansion strategy
  • Shares in the company closed almost eight per cent higher today and worth 2.8 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
spot_img

Related articles

Top Cybersecurity Incidents of 2025: Key Lessons for the Fintech Industry

Exploring major cybersecurity breaches and their implications for fintech. Highlights: Overview of significant cybersecurity breaches in 2025.Key lessons learned...

Citigroup Exits Russia with $12 Billion Loss in Operations Sale

A significant move in Citigroup's strategy amidst geopolitical tensions. Highlights: Citigroup announces the sale of its remaining operations in...

Key Fintech Trends to Watch in 2025: Innovations and Opportunities

Discover the major fintech developments shaping the industry in 2025. Highlights: Growing adoption of AI technology in financial services.Increased...

Lloyds to Cease Invoice Financing Services According to FT Reports

A significant shift in Lloyds' financial services strategy amid changing market conditions. Highlights: Lloyds Bank plans to shut its...