Kina Invests US$5M for 17% Stake in NiuPay, Expands Digital Payment Reach
Kina Securities Limited has committed US$5 million to acquire a 17% stake in NiuPay Pacific, deepening a partnership aimed at transforming public sector digital payments across the South Pacific.
- Kina acquires ~17% of NiuPay for US$5 million
- Investment split evenly between cash and Kina shares
- Focus on enhancing public sector digital services in the South Pacific
- Long-term strategic partnership formalized
- Settlement expected by mid-November 2025
Strategic Investment in Regional Digital Innovation
Kina Securities Limited (ASX, KSL) has announced a significant strategic investment in NiuPay Pacific Pty Ltd, acquiring approximately 17% of the company through a US$5 million deal. This move underscores Kina’s commitment to expanding its footprint in the digital payments space within the South Pacific region.
The investment is structured as a combination of US$2.5 million in cash and an equivalent value in Kina shares, issued at a price reflecting the recent 10-day volume weighted average price on the ASX. This dual approach not only injects capital into NiuPay but also aligns Kina’s interests closely with the company’s future growth.
Elevating Public Sector Services Through Technology
NiuPay is recognized for its role in digitizing public sector services such as immigration processing, utilities payments, and departmental workflows. By bridging technological gaps, NiuPay aims to enhance the efficiency and accessibility of government services across the South Pacific, a mission that resonates strongly with Kina’s strategic vision.
The partnership extends beyond investment, with Kina and NiuPay formalizing a long-term strategic relationship. This collaboration is expected to leverage the combined expertise of both companies to deliver more robust and innovative digital payment solutions tailored to the unique needs of the region.
Leadership Confidence and Market Implications
Kina’s CEO, Ivan Vidovich, highlighted the strength of the existing relationship, which spans over five years, and expressed confidence in NiuPay’s leadership and growth potential. The investment and partnership signal Kina’s strategic intent to be at the forefront of digital transformation in the Pacific’s financial services sector.
Settlement of the transaction is anticipated by 17 November 2025, subject to customary conditions. Market watchers will be keen to observe how this alliance influences Kina’s operational dynamics and its broader impact on digital payment adoption in the region.
Bottom Line?
Kina’s bold move into NiuPay sets the stage for a new era of digital public services in the South Pacific.
Questions in the middle?
- How will the partnership accelerate NiuPay’s product rollout and market penetration?
- What financial impact will this investment have on Kina Securities’ upcoming earnings?
- Could this alliance prompt further consolidation in the South Pacific digital payments sector?
