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Spenda Surges with 160% Cash Receipt Growth and $138m Payment Volumes in Q2 FY25

5:53pm on Sunday 1st of June, 2025 AEST Technology
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Spenda Surges with 160% Cash Receipt Growth and $138m Payment Volumes in Q2 FY25

5:53pm on Sunday 1st of June, 2025 AEST
Key Points
  • Cash receipts from customers reached $3.57 million, up 160% year-on-year
  • Payment volumes surged 116% to $138 million in Q2 FY25
  • Monthly cash burn declined 35% to an average of $316k
  • Successful commercial rollout of SwiftStatement and other programs
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