As Australians begin to tackle the vaccination phase of COVID-19, our economy is emerging with some optimism. Australia’s $3 trillion superannuation sector remains a pivotal asset for the nation, and the Federal Government continues to focus on the superannuation sector with transparency, efficiency and member-outcome programs. There are significant changes ahead, at a time where the whole ecosystem, including financial advisers, are weary of constant change and challenges.

Integrated Payment Technologies Limited (InPayTech) has successfully completed a share placement worth $3 million to help fast track existing operations and to focus on the Company’s strategic growth targets. The placement was conducted amongst professional and sophisticated investors, with new shares being issued on March 5, 2021.

Integrated Payment Technologies (IP1) has raised $3 million in a placement to professional and sophisticated investors.

Feb 25 (Reuters) – Integrated Payment Technologies Ltd IP1.AX :

* CONDUCTED PLACEMENT AT $0.039 PER SHARE TO RAISE $3 MILLION

The company, which is going through a merger with Comply Path, said in a statement Monday it was unable to offer any explanation for recent changes in its share price.

Baby fintechs Integrated Payment Technologies (ASX:IP1) and Change Financial (ASX:CCA) surged, as did debt restructuring and personal insolvency business Credit Intelligence (ASX:CI1).

There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts.

Dobson is currently a member of the board of the Australian Business Software Industry Association and New Zealand Advisory Board for the standardisation of eInvoicing. She previously was involved in the SuperStream advisory council and helped Westpac, working closely with the ATO and Treasury.

In a statement, executive chair Don Sharp noted that Barns’ other commitments will limit her ability to meet her obligations as a director.

Clinton, who has more than 30 years of leadership experience, is currently the principal of venture capital advisory firm Clinton Capital Partners. His experiences come from a variety of public and private companies, including Bell Potter Securities, CIMB, and J.P. Morgan in Sydney, Hong Kong, and Singapore.