Credit Clear Completes Acquisition of illion Digital Tech Solutions

MT Newswires Live

Feb 03

Credit Clear (ASX:CCR) has finalized the acquisition of illion Digital Tech Solutions (DTS), aiming to leverage its organic growth potential, according to a Tuesday filing with the Australian bourse.

DTS is a global software-as-a-service provider, enabling organizations in financial services, telecommunications, utilities, and government to offer flexible, self-service digital payments and collections through personalized, multi-channel engagement, per the filing.

The acquisition broadens the company's offerings, expands its geographic reach, opens access to new sectors through DTS' existing customer base, and is projected to increase earnings in its first year, the filing added.

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