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Cirralto 'a serious player' and looking to aggressively commercialise after A$18 million raise

Published: 23:08 23 Feb 2021 EST

Cirralto Ltd's (ASX:CRO) Adrian Floate speaks to Proactive's Andrew Scott following its A$18 million fundraise to institutional, sophisticated and professional investors. The strategic capital raise follows two other placements; one in August 2020 undertaken to recapitalise the company, resulting in a debt-free balance sheet, and the second, in November 2020, to support the company’s growth with various payment providers. The company intends to use funds for an accelerated commercialisation plan for its products, potential synergistic acquisitions, commercialisation of pilot business payments solutions and for future working capital requirements.

Spenda signs 10-year service agreement with Capricorn

Spenda Ltd (ASX:SPX, OTC:CROTF) CEO Adrian Floate sits down with Jonathan Jackson in the Proactive studio to discuss the new 10-year service agreement with Capricorn. The company has been working on this Digital Services Delivery initiative with Capricorn over the last six months and Adrian...

on 12/26/2023