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Axtec Limited (ASX:AXI)

ALERT: Price-sensitive ASX Announcement for AXI
Current share price for AXI : $0.013 -0.007 (-35%)+
Announcement
Release
28 Apr 2026 9:50AM
Price at Release
$0.020
Full Release
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Summary
Axtec Limited has formed a strategic partnership with Real Flow, a specialist in property-related finance solutions. The agreement involves Axtec's subsidiary, PaySure, selling its consumer loan book to Real Flow, which will handle loan servicing and management. Axtec will maintain a distribution partnership with Real Flow while acquiring a minority equity stake in the company. This partnership enables Axtec to shift towards a capital-light, platform-led model, leveraging AI technology for loan distribution. The collaboration is designed to align and grow both companies' interests, with the transaction expected to settle by the end of April 2026.
Key Points
  • Axtec Limited enters a strategic partnership with Real Flow.
  • PaySure, Axtec's subsidiary, sells its loan book to Real Flow.
  • Real Flow will become the credit provider on record for each borrower.
  • Axtec retains a long-term distribution partnership with Real Flow.
  • Axtec to receive a minority equity stake in Real Flow.
  • The partnership supports Axtec's transition to a capital-light model.
  • Axtec aims to focus on platform-led distribution using AI technology.
  • The partnership aligns both parties' interests for long-term growth.
  • Settlement of the transaction expected on 30th April 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.