News

Credit Clear maps out three-year plan, eyes triple market share in AustraliaTech

Credit Clear (CCR), which provides tech solutions to the debt collections industry has just mapped out a three-year plan to triple its market share in Australia. The company anticipates revenue to grow to $100 million per annum over this period, underpinning an “earnings before interest, taxes, depreciation, and amortization” (EBITDA) growth to $25-30 million per annum. CCR currently has a 1.4% market penetration in the Australian debt collection industry worth $2.5 billion.

More News

Next Article

Australia-developed hydrogen ‘game-changer’ technology being trialed in UK

December 22, 2022

An Australian-developed technology to convert ammonia into green hydrogen is being trialed in the United Kingdom, with hopes the Fortescue Future Industries-backed method will help turbocharge the uptake of hydrogen as a clean energy source, especially for fuel cells. The new “cracker” technology will convert ammonia into green hydrogen for electricity generation and could have future uses for vehicles such as fuel-cell electric buses and replacement diesel generators. The technology has big implications for developing green hydrogen at an industrial scale, given the fuel can be transported via ammonia.

CDPI Emerging Markets
Featured Article

Social Commerce Struggles Due to Low Trust in Social Platforms

February 8, 2023

While retail media has been an unexpected success, its sort-of opposite, social commerce, has never met expectations.  This Simplicitydx survey explores why: the biggest problem is low trust in social platforms, which means people prefer to buy directly on brand sites.  Social shopping still has a role to play in product discovery, although social won’t always receive credit if the sale is completed elsewhere.

CDPI Newsletter