Xref, HR tech platform, is monitoring its capital towards breaking even while leveraging the promising future of international growth.
For recruitment technology business Xref, the last three years has been about building a scalable platform for global growth.
And with an international database of almost 7,000 active users and a suite of multinational customers, 2020 is shaping up as an inflection point in the company’s growth cycle.
Xref’s origins trace back to 2010 when it was founded by recruitment professional Lee-Martin Seymour and IT specialist Tim Griffiths who had pinpointed inefficiencies in the recruitment market.
Their aim was to speed up the recruitment process by providing a secure, automated solution around employee reference checks, ID verification and performance feedback.
Despite being almost 10 years old, Xref only listed on the ASX in early 2016. And speaking with Stockhead, Seymour said the move coincided with the company’s first steps towards a global application.
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