Latest Payment Platforms News

Rewardle Holdings reports a sharp 497% increase in half-year losses amid strategic investments in its MedTech partner CloudHolter and fintech expansions. Despite financial headwinds, the company advances its B2B2C platform with a focus on growth and innovation.

Spenda Limited reported a 106% surge in revenue to $11.1 million for FY25, driven by acquisitions and expanded services, yet posted a substantial $24.3 million net loss largely due to goodwill impairment. The company’s strategic moves and funding needs highlight a pivotal phase ahead.

Viva Leisure has reported a robust FY2025 with record membership and a 30% jump in revenue, driven by strategic acquisitions and a booming technology segment. The company’s multi-brand approach and expanding network position it strongly for future growth.

Viva Leisure has reported its strongest financial year ever, with record revenue and membership growth driven by strategic acquisitions and technology expansion.

Novatti’s majority-owned subsidiary AUDC has closed a $1.2 million Seed Round, valuing Novatti’s 57% stake at $7 million as stablecoin adoption accelerates globally and locally.

CAR Group Limited has reported strong FY25 financial results with double-digit revenue and earnings growth across all key markets, while preparing for a leadership change. The company’s optimistic FY26 outlook underscores confidence in sustained expansion driven by innovation and market leadership.

CAR Group Limited reported a strong FY25 with revenue up 8% to $1.18 billion and net profit after tax rising 12% to $293 million, while announcing a leadership transition as CEO Cameron McIntyre steps down.

IODM Limited reported a robust 37% increase in cash receipts for Q4 FY25, driven by strong UK education sector growth and new international revenue share agreements.

Novatti Group reported a record $14.3 million quarterly revenue in Q4 FY25, marking a clear shift back to growth after streamlining operations and focusing on higher-margin opportunities. The company’s platform upgrade and leadership changes set the stage for stronger financial performance ahead.

IODM Limited has secured a new revenue share agreement with TransferMate, broadening its IODM Connect platform's footprint across the Americas' higher education sector.

Findi Limited is applying for two key licences from the Reserve Bank of India to expand its digital payments footprint, aiming to bridge the gap between cash and digital economies across India.

Xero has completed a significant A$1.85 billion institutional placement to fund its acquisition of Melio, aiming to enhance its accounting and payments platform in the US market. A complementary A$200 million Share Purchase Plan will offer retail investors a chance to participate.