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How Did Spenda Achieve a Record $227M Payment Volume Amid Leadership Changes?

6:02pm on Wednesday 28th of January, 2026 AEDT Technology
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How Did Spenda Achieve a Record $227M Payment Volume Amid Leadership Changes?

6:02pm on Wednesday 28th of January, 2026 AEDT
Key Points
  • Payment volumes hit record $227 million, up 65% year-on-year
  • Cash receipts grew 34% quarter-on-quarter to $2.8 million
  • Cost rationalisation program saves $320k monthly, reducing burn by 21%
  • Corrie Hassan appointed permanent CEO after stabilising the business
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