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Credit Clear (ASX:CCR) announces expansion in New Zealand market

ASX News, Technology
ASX:CCR      MCAP $110.6M
01 December 2021 15:07 (AEST)
Credit Clear (ASX:CCR) - MD, David Hentschke

Source: Credit Clear

Credit Clear Limited (CCR) has announced an increased distribution of its digital platform in New Zealand.

The enhanced deployment follows the partnering with Prospa Group Limited (PGL), a leading online lender to small businesses in Australia and New Zealand.

Credit Clear has been able to enter the New Zealand market thanks to the well-established partnership.

The company says it highlights its ability to extend its platform into new markets and manage multiple currencies accordingly.

The expansion comes after a recently signed Partnering and Teaming Agreement with global contact centre, Techub in November.

Credit Clear CEO, David Hentschke, says the increased support provides an opportunity to expand globally.

“Credit Clear is delighted to be extending our support of long-term client and digital SME lending leader, Prospa, into the New Zealand market,” he said.

“Our mission has always been to improve the collection experience for both our clients and their end customers. Credit Clear’s platform supports our clients’ expansion goals into new markets, and also presents the opportunity for our business to continue to scale, globally.”

Credit Clear shares are in the grey to trade at 50 cents at 2:30 pm AEDT.

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