Pexa Group shares soar 13 per cent to a 10-month high of $13.68 after progressing its strategic partnership with NatWest in the UK.
The UK lender will use PEXA’s world-leading digital property exchange technology to deliver 48-hour remortgage transactions to its customers and extend its use of the PEXA platform to speed up property transactions.
NatWest is one of two banks that were identified to commence transacting with PEXA UK this year via its Optima Legal platform.
PEXA sees it as a significant step towards extending its UK market reach.
NatWest serves 19 million UK customers.
PEXA last up 12 per cent at $13.67.