- Fintech company QuickFee (QFE) has completed its oversubscribed share purchase plan (SPP)
- The company planned to raise $2.5 million but the plan generated strong support and received applications totalling $3.3 million
- As a result, QuickFee scaled back application to the original $2.5 million
- QuickFee Instalments allows QuickFee clients to pay their invoices in four instalments using Splitit’s system
- Shares will be issued on October 16 and refunds will be processed in due course
- QuickFee has ended the day a slight 2.88 per cent in the red with shares trading for 50.5 cents each