Latest Payment Processing News

Novatti has successfully integrated Alipay into UNSW’s student payments portal, generating $33.6 million in transactions and $0.5 million in revenue by April 2026, positioning the company for broader expansion in the education sector.

Spenda Limited has sold its Ledger platform to APG Pay for $1.8 million, cutting $2.7 million in annual costs and streamlining operations to concentrate on its core revenue-generating products.

Cuscal has secured the final regulatory approval from the French Works Council, paving the way to complete its $27 million acquisition of New Zealand payments provider Paymark by late May.

Freelancer Limited’s 1Q26 saw a 14% rise in group GMV to $263.3 million but a 9.4% revenue drop, weighed down by currency headwinds and security-driven user friction. Escrow.com posted record operating profit, while Loadshift grew revenue and media presence amid operational gains.

Peppermint Innovation Limited reported a $1.27 million net loss for the half-year ending December 2025 while achieving key milestones including activation of national payment rails in the Philippines and settling a statutory demand that led to an ASX trading suspension.

Contact Energy Limited has updated its dividend announcement, confirming an ordinary dividend of NZD 0.16 per share and a supplementary dividend for non-New Zealand residents, payable in March 2026 with a full Dividend Reinvestment Plan.

L1 Long Short Fund Limited has updated its dividend notification to include the Dividend Reinvestment Plan price, confirming a fully franked quarterly dividend for shareholders.

MyState Limited has confirmed a fully franked ordinary dividend of 12 cents per share for the half-year ending December 2025, alongside an updated dividend reinvestment plan price reflecting recent trading activity.

Block, Inc. reported robust financial results for 2025, driven by Cash App and Square growth, while announcing a significant workforce reduction to accelerate AI-driven innovation and efficiency.

Spenda Limited reported a significant reduction in its half-year net loss to $6 million, alongside a doubling of payment transaction volumes, as it restructures leadership and refocuses its core software and payments products.

Orcoda Limited has reported strong half-year FY26 results, showcasing significant growth in revenue, EBITDA, and recurring revenue as it advances its AI-powered transport ecosystem solutions.

Wrkr Ltd reports a 43% revenue increase to nearly $7 million in H1 FY2026 but also a 75% rise in net loss, while completing a $15 million capital raise and acquiring payroll compliance firm PaidRight.