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How Spenda Halved Losses and Doubled Payment Volumes Amid Leadership Overhaul

7:04pm on Thursday 26th of February, 2026 AEDT Information Technology
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How Spenda Halved Losses and Doubled Payment Volumes Amid Leadership Overhaul

7:04pm on Thursday 26th of February, 2026 AEDT
Key Points
  • Half-year net loss narrowed 36% to $6.04 million
  • Revenue declined 15% to $4.19 million
  • Payment transactions processed surged to $431 million
  • Secured $3.5 million convertible loan facility and $1.4 million private placement
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