Australia - based fintech firm Digital X will focus on its cloud - based cash remittance product AirPocket after raising AUD1.6 m ( $ 1.2 m ) in equity and reshuffling its top personnel . Chairman Leigh Travers will assume the role of CEO after the departure of co - founders Alex Karis and William Smith . " Today marks a new chapter for Digital X , " Travers said . Digital X has yet to post a profit since landing on the Australian Securities Exchange (ASX) in June 2014 via a reverse takeover of investment firm Macro Energy. " From here the pure focus is delivering the AirPocket product and on our vision of delivering low - cost financial services to the people that most require them . " Despite Digital X being based in Perth , its AirPocket product is not available in Australia .
Australia - based fintech firm Digital X will focus on its cloud - based cash remittance product AirPocket after raising AUD1.6 m ( $ 1.2 m ) in equity and reshuffling its top personnel . Chairman Leigh Travers will assume the role of CEO after the departure of co - founders Alex Karis and William Smith . " Today marks a new chapter for Digital X , " Travers said . " From here the pure focus is delivering the AirPocket product and on our vision of delivering low - cost financial services to the people that most require them . " Despite Digital X being based in Perth , its AirPocket product is not available in Australia .