Looking for some small cap shares to add to your watchlist? Then have a look at the three listed below.
Here’s why they could be worth getting better acquainted with:
Bigtincan Holdings Ltd (ASX: BTH)
The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software that helps sales and service teams increase their sales win rates, reduce expenditures, and improve customer satisfaction through improved mobile worker productivity. It has a number of blue chip clients such as Australia and New Zealand Banking Group (ASX: ANZ) and sports giant Nike. Morgan Stanley is a fan of Bigtincan. It has an overweight rating and $2.10 price target on its shares.
MoneyMe Ltd (ASX: MME)
Another small cap ASX share to watch is MoneyMe. It is a fintech that uses technology and artificial intelligence to deliver highly automated credit products and customer experiences. MoneyMe notes that it originates loans through a diversified mix of credit products and distribution channels to create significant scale and long-term customer advantages. This includes through the SocietyOne business, which MoneyMe recently acquired for $132 million. Morgans is positive on the company’s future. It has an add rating and $2.35 price target on its shares.
Serko Ltd (ASX: SKO)
A final small cap to watch is Serko. It is an online travel booking and expense management provider with a number of quality solutions which have significant market opportunities. It also has a game-changing deal with travel booking giant Booking.com which is beginning to take shape now COVID headwinds are easing. Last week, Citi initiated coverage on Serko with a buy rating and $5.75 price target.