IncentiaPay Ltd. (AU:INP) has released an update.
IncentiaPay Ltd reported a decrease in cash inflows by 35% in Q3 due to seasonal dips post-holidays, but saw continued growth in its Frequent Values program with 21,000 new members. Despite a net operating cash loss, the company is progressing with a strategic rejuvenation of its Fundraiser network and is in late-stage negotiations with major clients for its card linked offer programs. New initiatives include adding high-quality Fine Dining offers to its app and expanding its Gift Card portfolio with new additions like AirBnb.
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