Latest Corporate Payments News

Corpay delivered 18% revenue growth and a 32% increase in adjusted diluted earnings per share in the third quarter, prompting a higher full-year outlook. The company is also using substantial cash resources for share buybacks and debt reduction.

Pure Foods Tasmania reported a sharper September quarter, with customer receipts rising to A$1.22 million while operating cash outflow fell to A$311,000. The company remains cash flow negative and reliant on financing capacity, but says the figures mark progress towards a sustainable turnaround.

Investor Centre is pursuing a restructuring and potential ASX reinstatement after Pulse Markets lost its financial services licence, while the group reported $35,000 in cash and $3.213 million of drawn debt at 30 September. The company says a new Lake Volta funding arrangement could support working capital, but the filing leaves important questions about the facility and the proposed recapitalisation unanswered.

Locality Planning Energy (ASX:LPE) posted positive operating cash flow for FY26 and secured three residential development partnerships, while planning to refinance its debt facilities to boost capital efficiency.

OFX Group has accepted a recommended all-cash takeover bid from UK-based Equals at $1.00 per share, more than doubling its share price from early February. The deal values OFX at $247 million equity and hinges on due diligence, debt financing, and shareholder approval, while the company reports steady growth in its corporate payments business and strong non-FX revenue.

Nimy Resources has identified significant extensions to its high-grade gallium deposit at Mons Block 3 and shipped test material to the US as part of a strategic partnership. A scoping study is underway to evaluate mining and processing economics, while regional exploration continues across multiple targets.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.

Cobre Limited reports strong metallurgical results from its Botswana copper projects alongside a successful AU$1.68 million capital raising, setting the stage for upcoming resource estimates and environmental approvals.

Spenda Limited has partnered with APG Pay to develop a closed-loop corporate credit platform, backed by a $50 million funding commitment, aiming to transform B2B payments across multiple industries starting with corporate travel.

Ausmon Resources advances its rare earth and base metals exploration with new drilling approvals in South Australia and promising zinc assay results near Broken Hill, underpinning its strategic focus on high-value mineral targets.

APC Minerals Limited reports significant progress in its Laverton Downs gold exploration program alongside a corporate rebranding and capital consolidation, positioning the company for its next growth phase.

Ten Sixty Four Limited has received a crucial US$10.5 million payment from Philsaga Mining Corporation, enabling it to settle outstanding related party debts and advance its Deed of Company Arrangement.