Wealth management technology firm Hub24 added $3.6 billion in investor funds in the December quarter, buoyed by a $350 million injection from competitor IOOF.
In the competitive world of platforms, HUB24 chief executive Andrew Alcock is in relentless pursuit of innovation and delivering a superior value proposition no matter what roadblocks he faces. Karren Vergara writes.
HUB24 profits ascend with strong adviser satisfaction ifa.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifa.com.au Daily Mail and Mail on Sunday newspapers.
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Brokers are constantly looking for opportunities and this article is about two ASX tech shares that are buy-rated.
Technology businesses are able to grow quickly and achieve relatively high profit margins because of the low cost nature of software.
Here are two ASX tech shares that brokers like right now:
Hub24 is one of the leading financial technology businesses on the ASX with a market capitalisation of around $1.9 billion.
It has the Hub24 platform and HUBconnect business offerings. The platform offers advisers and their clients a range of investment options, such as managed portfolio solutions and extensive transaction and reporting functionality.