Key hire
Novatti Group appoints Ian Hobson as Company Secretary
ASX-listed payments company Novatti Group has appointed Ian Hobson as company secretary from 1 May 2026, with Steven Stamboultgis retiring from the role immediately.
Startup · $2.3m raised
Novatti Group
Funding history
-
Grant : $2,300,000
Investors
Every investor coverage indicates participated in a round Novatti Group raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant | $2,300,000 |
| CRC Projects | Grant | - |
Disclosed deals
Every published round Novatti Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Portfolio
Companies Novatti Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Funds
Fund closes reported for Novatti Group, as distinct from the investments it has made.
Portfolio companies acquired
Companies Novatti Group has backed that another company then bought. An exit for the holding, not a deal Novatti Group did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Novatti Group is recorded as having been acquired. | ||||
What Novatti Group bought
Companies Novatti Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| ATX | Acquisition | 14 Jan 2022 | - | Australian FinTech (Mon 16 May 2022), Australian FinTech (Fri 14 Jan 2022) |
People
| Name | Role | Sources |
|---|---|---|
| Steven Stamboultgis | Company Secretary (former) | Australian FinTech |
| Peter Pawlowitsch | Non-Executive Chairman | Australian FinTech |
| Peter Cook | Executive Director | Australian FinTech (Tue 5 Sep 2023), Australian FinTech (Mon 23 Jan 2023), Australian FinTech (Fri 14 Jan 2022), Startup Daily, Australian FinTech (Mon 3 May 2021), Australian FinTech (Wed 24 Feb 2021), Australian FinTech (Wed 8 Jul 2020), Australian FinTech (Wed 15 Jan 2020), Australian FinTech (Mon 11 Nov 2019) |
| Mark Healy | CEO | Australian FinTech |
| Killian Murphy | Non-Executive Director | Australian FinTech |
| Ian Hobson | Company Secretary | Australian FinTech |
| David Gao | Chairman | Australian FinTech |
Coverage
Stories naming Novatti Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
News
Vivi Money launches AI-native financial intelligence platform powered by Pismo and Visa
Pismo announces Australian fintech Vivi Money will build its AI-driven financial platform on Pismo's core banking infrastructure, with Visa card services via Novatti's BIN sponsorship, ahead of a May/June launch.
Seed
$1.2m
AUDC closes Seed Round to value Novatti’s interest at $7 million
ASX-listed Novatti says its stablecoin unit AUDC has closed a A$1.2 million seed raise, valuing Novatti's 57% stake at A$7 million, with the unit's AUDD token chosen for Project Acacia payment trials.
Seed
$1.6m
Mist closes $1.6 million seed round for student relocation service app
Mist, a Sydney app for relocating international students and migrants, has secured seed backing from Investible, Allectus Capital and other investors to launch its services.
News
Alex Bank to give Keynote at 10th Annual FinTech Summit
Alex Bank founder Simon Beitz will deliver the opening keynote at October's FinTech Summit in Sydney; the piece recaps the neobank's licence, products and growth since launch.
Grant
$2.3m
$2.3 million Government Grant approved for anti-money laundering fintech project: Novatti
Novatti will lead a government-backed anti-money laundering collaboration with RMIT, Hashkloud, thankQ Solutions and Swyftx, funded by a $2.3 million CRC-P grant.
Key hire
ASX-listed fintech Novatti appoints Killian Murphy as Non-Executive Director
ASX-listed payments fintech Novatti has appointed stockbroker Killian Murphy, recently of MST Financial, as a Non-Executive Director, effective 13 October 2022.
Exit / M&A
Reckon Accountants Group acquired by The Access Group in $100 million deal
Software firm The Access Group buys Australian accounting technology provider Reckon Accountants Group for $100 million, its tenth Asia-Pacific purchase in three years; Novatti's earlier stake purchase in Reckon is also recalled.
Exit / M&A
Novatti completes its acquisition of ATX
ASX-listed payments firm Novatti has finalised its takeover of Malaysian digital payments provider ATX, whose founders stay on, supporting Novatti's Southeast Asian growth plans.
Also Australian FinTech
Series A
$10.5m
Novatti closes $10.5m Series A funding round
Novatti has wrapped up a $10.5m Series A to bankroll its new banking arm, with the money conditional on regulatory sign-off, and has bought out BC Growth Investments' stake in the subsidiary.
2 deals
2 deals
Novatti secures BC Invest as strategic partner for its new banking business
Novatti has partnered with BC Invest, whose subsidiary will pay $2m for a stake in Novatti's banking subsidiary, while a BC Invest consortium invests $3m in Novatti via share placement, ahead of licence approval.
Also Startup Daily
Series A
≤$2.5m
Lifepay taps into Novatti's ecosystem to launch new B2C fintech platform
Payments firm Novatti has launched Lifepay, a consumer mobile banking and payments platform using Novatti's technology, which has secured a Series A round of up to $2.5 million at a $20.5 million pre-money valuation.
Also Cut Through Venture
Unnamed stage
$10.2m
Novatti's exit out of fellow fintech SendFX pays handsomely
Payments firm Novatti has exited its seed investment in cross-border payments startup SendFX, receiving $900,000 for its shareholding plus loan repayment, adding to its recently raised $10.2 million.
Unnamed stage
$18m
Novatti secures $18m investment in preparation for digital banking service
Payments firm Novatti has attracted $18 million from two cornerstone investors into its banking subsidiary, supporting its push for an Australian restricted banking licence and planned digital banking launch.
Unnamed stage
$1.1m
Novatti secures investment for Aus expansion
Payments company Novatti has received $1.1 million from Australia Fintech Investment Group at a $20 million pre-money valuation, as the pair prepare to launch a consumer digital wallet business in Australia.