One Click Life is a fast growing Western Australian-based financial technology platform positioned to disrupt and capitalise on increased market demand for online, self-directed financial and Life Admin services. The fintech startup, One Click Life, has grown its user base to over 40,000 users Australia-wide.
UUV Aquabotix Limited (ASX:UUV) will acquire 100% of the share capital of Mobile Business Devices Pty Ltd (which operates the One Click Life business) and seek to raise a minimum of $4.5 million under a public offer as part of the transaction (with the ability take over subscriptions for a further $1m) and has appointed Canaccord Genuity as lead manager to the public offer. It is also proposed to change the name to One Click Group Limited to reflect the new direction and operations.
Mark Waller and Nathan Kerr will continue to run and grow the business and both will join the Board of the newly named One Click Group Limited on listing in July 2022.
Commenting on the listing of One Click Life, Managing Director Mark Waller said:
“We’re very excited by the prospect of listing to accelerate our growth in user numbers and expanding the products available on the One Click Life platform and App to capitalise on the acceleration in consumers moving to digital. We have built a simple to use fintech platform and App allowing our customers to lodge Tax Returns, complete a Will and purchase Private Health Insurance. We want to expand out our product ecosystem enabling our customers to digitally manage more of their financial lives in a simple to use online platform and App whilst growing our user numbers.”
One Click Life now has over 40,000 users on
the platform and has grown revenues over
336% in H1 FY22 to $1.074m.
www.oneclicklife.com.au is an easy to use platform enabling simple Tax Return lodgement and online Wills. With a growing user base Australia wide and a listing on ASX coming soon there is an exciting future ahead for this WA success story.