Latest Cooperative Sector News

Peppermint Innovation Ltd (ASX:PIL) reported a 171% jump in group revenue for the June quarter, powered by a 577% surge in its Bizmoto revenue and a successful pilot of its QRPh Person-to-Merchant payment platform that tripled monthly transaction values. The company is advancing its ASX reinstatement while expanding its digital payments ecosystem in the Philippines.

Peppermint Innovation Ltd reported robust growth in its Philippines digital payments platform during Q4 2025, with wallet prefunding surpassing PHP 486 million and transaction volumes surging. The company is preparing to launch a new payment processing business in March 2026 while actively pursuing capital raising to support expansion.

Peppermint Innovation Ltd has raised A$500,000 to accelerate the rollout of its bizmoto digital wallet platform across the Philippine cooperative sector, targeting millions of members and aiming to boost transaction frequency and recurring revenue.

Peppermint Innovation Ltd reports strong quarterly progress with new payment functionalities live, a key merchant licence granted, and a strategic pivot toward AI-driven lending.

Peppermint Innovation is repositioning as a digital wallet operator targeting the vast Philippine cooperative sector, aiming to scale rapidly and generate predictable revenue from one million active users.

Peppermint Innovation Ltd has launched direct InstaPay integration, enhancing real-time digital payments and securing a key Merchant Acquisition Licence from the Bangko Sentral ng Pilipinas, positioning itself for growth in the Philippine market.