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Emersion will soon become a wholly-owned subsidiary of the Novatti Group Limited (ASX:NOV)

April 2, 2020 in Company News



Emersion will soon become a wholly-owned subsidiary of the Novatti Group Limited (ASX:NOV)

I’m thrilled to announce that Emersion has just executed an agreement to become a wholly-owned subsidiary of the Novatti Group Limited (ASX:NOV) a leading digital banking and payment company. We expect the deal to complete in the next few weeks.
 
I want to assure all of our existing customers that acquisition is very positive for our customers, staff, investors and the Novatti Group.
 
Emersion enhances Novatti Group’s already strong payment business and we will integrate the Novatti Payment methods to the Emersion platform over the next few months.

This deal means that we have a stronger financial backing and a supportive parent to enhance our product offering and further expand internationally.
 
There is a great cultural fit between Emersion and the Novatti teams and I am pleased to announce that 100% of our team are moving with the business.
 
We look forward to the long-term benefits of being part of a larger group and the domestic and international opportunities ahead of us.
 
You can view the announcements here and find out more about the Novatti Group Limited here.

I join Peter Cook (Novatti Group Ltd CEO) in welcoming you all to the Novatti Group.
 
I’m really excited about what the coming months will bring. 
 
What does this mean for our customers?

You can now be part of Emersion and buy stock in the Novatti Group Limited (ASX:NOV) if you wish.
 
We will integrate the Novatti Payment methods to the Emersion platform over the next few months and bring some strong offerings to the existing Novatti product suite.

This will enhance the combined product offering, empowering the broader sales team to have some dynamic weapons that they can take to market and help businesses automate through the COVID-19 pandemic, ensuring they can collect payment and accelerate their recovery thereafter. 
 
Emersion will continue to find new ways to help your business Engage with your customers, Automate business processes, Integrate systems, and Collect payments. 

Our entire team is on board to offer a high quality of consultation and support to all customers. 
 
We are focusing on new ways that we can help our customers manage their business in a challenging economic climate and will be making further announcements about this next week.

Yours Sincerely,

Paul Dundas