CRO

Could this be the next big thing ( Afterpay in a invoices world )

SPENDACOLLECT PLATFORM LAUNCHED Cirralto Limited (ASX: CROor the Company) is pleased to announce the launch of SpendaCollect, the core of the Company’s Spenda digital payment stack. Highlights•SpendaCollect platform delivers improved invoice collections by offering customers an online statement based payment service that can be included on their website or on invoices and statements via clickable hyperlinks. •SpendaCollectsolvesthe timeless business problem of debt collection with a digital platform that drives cashflow by connecting the customer and merchant to a single source of the truth that they each can collaborate upon.•Customers have commenced upgrading to SpendaCollect, with go-live expected before the end ofJuly.•Fees are derivedasa percentage on all transactions processed via the SpendaCollect platform.•SpendaCollect platformhas been fully integrated across the Company’s Spenda productsfamily.•SpendaCollectis integrated with small business accounting systems such as Xero, MYOB and QuickBooks Online, and ERP systems