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Technology

Why Ovanti (ASX:OVT) is exiting its BNPL business to focus on its iSentric fintech software business

Ovanti (ASX:OVT) announced on 20 August 2026 that it would exit BNPL (deferred consumer payment) activities worldwide and concentrate on iSentric, its Malaysian fintech software business. The decision reverses a plan announced only a month earlier, and it was made while cash was low …

Sonal Goyal | 18 October 2026

Why Butn (ASX:BTN) is pairing record SME funding volumes with a wider statutory loss as it leans on a $100m Northleaf facility

Butn (ASX:BTN), a Melbourne-based business-to-business lender, released FY26 results on 27 August 2026 that point in two directions: originations reached a record, while the statutory loss widened. The question raised by the numbers is how a funder with record volumes and a $100 million …

Sonal Goyal | 18 October 2026

Why Beam Communications (ASX:BCC) is weighing its next step after selling its ZOLEO stake and returning capital to shareholders

Beam Communications (ASX:BCC) designs satellite and terrestrial communications equipment and services, and the 2026 financial year reshaped the company. It sold its stake in the ZOLEO joint venture, returned capital to shareholders and cut costs, and its profit for the year to 30 June …

Sonal Goyal | 18 October 2026

Why Hubify (ASX:HFY) is reshaping its telecom and IT services business around AI and a small stake in HubLab

Hubify (ASX:HFY) is attempting to reposition a conventional telecommunications and IT services business around artificial intelligence. Its first concrete step is a small equity stake in an AI platform called HubLab, and much of the strategy is set out in company statements rather than …

Sonal Goyal | 18 October 2026

Why Zimi (ASX:ZMM) doubled FY26 revenue on smart-home sales while relying on related-party customers and repeated small raisings

Zimi (ASX:ZMM) designs and sells connected electrical products, and its FY26 revenue more than doubled even as a single related-party customer supplied most of it and the annual report flagged a material uncertainty over going concern. The annual report, authorised on 28 August 2026, …

Sonal Goyal | 18 October 2026

Why Axtec (ASX:AXI) is rebuilding as a PropTech and payments distributor after a heavy FY26 loss and going-concern warning

Axtec (ASX:AXI), formerly Axiom Properties Limited, describes itself as a real estate-focused, AI-enabled property technology and payments company. Its business model has changed markedly: the company has stepped back from direct lending and property development in favour of a capital-light distribution approach. The annual …

Sonal Goyal | 18 October 2026

Why WhiteHawk (ASX:WHK) is trying to build ClarityAI distribution deals as it changes leadership and raises small amounts of capital

WhiteHawk (ASX:WHK) sells online cyber-risk software to businesses, and its recent announcements have centred on distribution agreements, leadership changes and small capital raisings. Taken together, they show a company seeking to turn a technology platform into recurring revenue through channel partners while funding itself …

Sonal Goyal | 18 October 2026

Why Identitii (ASX:ID8) is leaning on a convertible note facility as its payments-data platform seeks revenue traction

Identitii (ASX:ID8) sells software that helps banks and payments businesses manage payment data and compliance. Its latest quarterly report shows early commercial progress alongside a very thin cash balance, and the company has arranged a large convertible note facility to bridge the gap between …

Sonal Goyal | 18 October 2026

Why Knosys (ASX:KNO) is betting on a US launch of its Libero library software after a loss-making FY26 and an ANZ contract extension

Knosys (ASX:KNO) reported a wider loss for the year to 30 June 2026 but improved operating cash flow and a larger cash balance, and is pointing to a United States launch of its Libero library software as its next growth step. Much of the …

Sonal Goyal | 18 October 2026

Why Halo Technologies Holdings (ASX:HAL) is narrowing its UK plan to a technology-only model while it leans on convertible notes

Halo Technologies Holdings (ASX:HAL) is a Sydney-based financial technology company. According to its quarterly report released in January 2026, the company has narrowed its United Kingdom strategy to a capital-light, business-to-business technology model, while its announcement history shows repeated use of convertible notes for …

Sonal Goyal | 18 October 2026
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