Ann: CCR RAISES $7.5M TO STREAMLINE CLIENT ONBOARDING, page-58

Indebted compete with Credit Clear and pitch for the same tenders. I asked this specific question of Management. If you look on their website you'll see some of their corporate clients. If you go back a few years, you'll see that Pioneer Credit (PNC) took a stake in Indebted and PNC MD was on their Board (refer to ASX announcement 24/8/18 from PNC)

https://www.indebted.co/business


PNC:ASX 28/8/18-
'Delivering a service that is valued, in a manner that is respectful and considerate, while recognising the evolving digital communication preferences of our customers is important to our continued success. Pioneer has typically been a later adopter of technology and this has served us well. We do however recognise the need to continue to adapt and the Company is pleased to announce an initial investment of $500,000 in Australian fintech, InDebted.

InDebted is a technology business that provides data driven, receivables solutions. InDebted leverages machine learning and digital first communication to drive enhanced liquidation performance. The platform also uses real time payment technology and has a dynamic and system driven compliance engine enforcing regulation in real time, which continues to support Pioneer’s offering. The opportunity in time is for this new technology to be migrated into, or to replace our existing platform, as well as increasing our investment in a business which we expect will be leveraged further to generate returns both in Australia and overseas. The Company’s Managing Director Keith John has been appointed to InDebted’s Board of Directors.'