Australia's Credit Clear surges on digital platform deployment in South Africa

Credit Clear

21/04/2022 02:40

** Shares of the receivables solution provider  CCR.AX 
surge as much as 10.6% to A$0.470, their highest since Feb. 28 
    ** Co says it has successfully deployed its digital platform
in South Africa following a deal with Techub   urn:newsml:reuters.com:*:nASX3mC2Dv
    ** Says since deployment, Techub has been elected to fast
track the platform's roll-out to its $1 bln debt portfolio
    ** CCR shares post their biggest intraday pct gain since
Feb. 28 
    ** Stock had fallen 1.2% this year, as of last close, vs a
1.8% increase in the benchmark S&P/ASX 200 index  .AXJO  

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))