Novatti Group Limited announced that it has received regulatory approval for `issuing and managing means of payment' in New Zealand. This additional capability will be provided through Novatti's subsidiary, Flexewallet (NZ) Limited, with its registration with the New Zealand Companies Office Financial Service Providers Register extended. This is the regulatory step necessary prior to Novatti launching any issuing services in New Zealand. This latest regulatory approval follows some of Novatti's other recent growth-focused achievements, including: Launching its Digital Payments Accelerator, providing innovative fintech and financial products with a fast-track to market; Business process automation subsidiary, Emersion, being cleared to launch on leading global business applications marketplace, Salesforce AppExchange; and Recording average annual revenue growth of approximately 50% in each of the past three years.