Latest Payment Solutions News

Smartpay Holdings has entered an exclusivity agreement with an international strategic bidder offering NZ$1.20 per share in cash, advancing a potential full acquisition amid competing proposals.

Spenda Limited reported a robust Q3 FY25 with cash receipts soaring 160% year-on-year despite a strategic sale of its invoice finance loan book. The company secured a $3 million loan facility and forecasts a record-breaking quarter ahead.

Novatti Group Limited has achieved a key turnaround milestone by reporting positive cash EBITDA of $100k in Q3 FY25, alongside record quarterly revenue of $13.4 million and improved margins in its core Payments AU/NZ business.

Findi Limited has upgraded its contract with State Bank of India, expanding its ATM deployment by over 2,200 units and significantly increasing revenue and EBITDA projections. The company also outlines strong FY25 guidance and anticipates a major revenue leap in FY26 following the TCPSL acquisition.

Findi Limited has expanded its ATM footprint with the State Bank of India by 54%, securing 2,293 additional ATMs and appointing Rothschild & Co for its 2026 Indian IPO. However, FY25 revenue guidance has been revised down due to delays in White Label ATM license commencement.

Findi Limited has won a significant contract to deploy 900 additional ATMs for Union Bank of India, promising up to $80 million in revenue over eight years and reinforcing its position in the Indian financial services market.

Findi Limited has received Reserve Bank of India approval to acquire Tata Communications' White Label ATM business, Indicash, marking a pivotal step in its expansion across India's financial services landscape.

Thrive Tribe Technologies has strengthened its cash position through multiple capital raises and appointed Jade Spooner as its new CEO, while its Slik investment achieved profitability in Q4 2024.

Spenda Limited has reported a record-breaking quarter with cash receipts soaring 160% year-on-year and payment volumes more than doubling, signaling strong momentum as it advances toward profitability.

Novatti Group Limited reports a robust December quarter with a 30% year-on-year revenue increase and a significant reduction in expenses, positioning the fintech on track for positive operating cashflow by mid-2025.