Business
Novatti (ASX:NOV) share price sinks 6% on collaboration news
The Novatti Group Ltd (ASX: NOV) share price is sinking today despite the company announcing its collaboration with LITT.
At the time of writing, the digital banking and payments company’s shares are down 6.4% to 43.5 cents.
Based in Australia, LITT is a fintech and social hybrid app that connects people through e-commerce, advertising, and digital payments. Users can earn digital cash by watching ads put out by local businesses on their newsfeed.
Basically, the company shares its advertising revenue with its members instead of social media influencers solely making money through posting content.
What did Novatti announce?
The Novatti share…
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