- One Click Group (1CG) reaches a new milestone for its online fintech platform, One Click Life
- Registered users on the platform have surpassed more than 100,000
- 1CG has logged 27,000 new users in the last six weeks alone
- One Click Life allows users to manage tax returns and manage mortgages
- One Click Group is down 8.33 per cent, trading at 2.2 cents at 10:35 am AEST
One Click Group (1CG) has announced a new milestone for its online fintech platform – One Click Life – has registered users surpassed more than 100,000.
The company announced 27,000 new users were registered on the platform in the past six weeks alone.
One Click Life allows users to automate their tax returns, which is the most popular product, though another solution allows users to manage their mortgages, also proving a fan favourite.
The company reported userbase growth directly correlates to revenue growth, with figures already exceeding all revenue made in CY22.
As of early-to-mid July, revenue sat at $1.6 million, and the company stated that figure has continued to increase through July.
One Click announced that growth in registered users allows the company to cross-sell different products, opening pathways to revenue increases from existing participants.
“Accelerating through 100,000 registered users on the One Click Life platform is a massive achievement for the business,” 1CG CEO Mark Waller said.
“Importantly we are seeing this growth in users directly correspond to a growth in revenue on the platform.
“The growth in revenue is largely coming from the tax products including the Next Day Refund tax product.”
One Click Group was down 8.33 per cent, trading at 2.2 cents at 10:35 am AEST