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  • Fintech company 8common (8CO) has signed a contract for its CardHero solution to be used by not-for-profit charity Westhaven
  • Westhaven is a community-based charity that supports communities with disabilities and the National Disability Insurance Scheme
  • Under the agreement, CardHero will provide a streamlined funds and expense management process for the end-user to reduce the administrative time spent on validating and reconciling expenses
  • The contract is for an initial three-year term with the option to extend it for a further two while the total value of the contract is expected to be $165,000
  • 8common ends the day 1.67 per cent in the red with shares trading at 14.8 cents

Fintech company 8common (8CO) has signed a contract for its CardHero solution to be deployed at not-for-profit charity Westhaven.

Westhaven is a community-based charity that supports communities with disabilities and the National Disability Insurance Scheme (NDIS). It has been supporting families in the community for over 60 years.

Under the agreement, 8common’s CardHero product will provide a streamlined funds and expense management process for the end-user to reduce the administrative time spent on validating and reconciling expenses.

The contract is for an initial three-year term with the option to extend it for a further two while the total value of the contract is expected to be about $165,000.

CardHero will be rolled out to Westhaven’s disability and youth programs as well as internal corporate expenses across the charity.

“We are excited to deliver our CardHero integrated card payment and expense management solution to Westhaven. Our commitment and industry-leading solution, which includes the recent successful deployment of CardHero with Life Without Barriers, has received positive attention,” CEO Andrew Bond said.

“This agreement with Westhaven provides further validation and strengthens our drive to champion innovation and deliver outcomes for our customers, and our customers’ customers.”

8common ends the day 1.67 per cent in the red with shares trading at 14.8 cents.

8CO by the numbers
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