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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
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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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