Latest Payments Infrastructure News

Findi Limited surged revenue by 36% to $83 million for FY26 but posted a hefty $52.6 million net loss, weighed down by integration costs and capital delays. The company completed a major consolidation of its Indian financial infrastructure assets and secured $25 million in fresh capital to support growth and liquidity.

Cuscal has finalised its purchase of New Zealand’s Paymark, aiming for earnings growth and a strong return on capital in the coming financial year.

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.

Klevo Rewards has made major strides in Q1 2026, unveiling an Australian dollar-backed stablecoin and securing SWIFT network access through Fly Wallet, boosting its global payments and rewards platform.

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.

Cuscal Limited has successfully raised A$30 million through a fully underwritten institutional placement to fund its acquisition of Paymark. The company also launched a Share Purchase Plan targeting an additional A$3 million from eligible shareholders.

Cuscal Limited is set to acquire New Zealand payments provider Paymark for A$27 million, funded by a fully underwritten A$30 million institutional placement and a non-underwritten A$3 million share purchase plan. The deal, expected to complete by June 2026, will add scale and geographic diversification while being accretive to earnings in FY27.

EML Payments has appointed Adam Olding as its Global CEO, marking a pivotal step in its EML 2.0 transformation and signalling strengthened leadership to drive growth. Concurrently, regulatory developments around its Australian banking licence application introduce new compliance dynamics.

FlexiRoam has broadened its partnership with a top-10 global airline to include critical aircraft connectivity and secured a two-year deal with Malaysian payment innovator Paydibs, underscoring its growing enterprise footprint.

Peppermint Innovation has attracted a strategic A$2.1 million investment from key Philippine payments companies, accelerating its digital wallet platform’s growth in the country’s fast-evolving market.

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.

Cuscal Limited reported a robust half-year result for FY26, with profit after tax surging 76% following the strategic acquisition of Indue Limited. The company declared a fully franked interim dividend and upgraded its full-year earnings guidance.