Limepay News, Jul 16, 2024 · Former IPO hopeful Limepay acquired by Spenda at a fraction of the $43. Overview Acquired Organization: Limepay Limepay allows merchants to integrate an online payments platform with their own branding. Spenda will issue 508. The release follows the acquisition of Limepay Pty Ltd, impacting stock liquidity and market perception. The buoyancy of the listed buy now, pay later stocks is filtering into the private market, with Afterpay competitor Payright securing $12 million in a funding round led by wealth managers Escala Partners. 8 million in revenue (unaudited) and a gross profit of $1. Limepay, established in 2019 and rebranded as April Solutions in 2022 12 votes, 11 comments. The acquisition involves four tranches, with the last three contingent on specific performance milestones. 4 million in gross profit for FY24 (unaudited). Spenda Limited has announced that its subsidiary, Limepay Pty Ltd, has met the conditions for the issuance of Tranche 3 Deferred Consideration by achieving a three-month revenue of $1. The acquisition, expected to complete in September 2024, adds Limepay’s $2. EB Games has shunned booming buy now pay later companies in favour of a platform that keeps customers on the video game retailer’s own website. Limepay, established in 2019 and rebranded as April Solutions in 2022 Buy-now-pay-later fintech Limepay has added a series of high-profile hires to its team as it continues to work towards listing on the ASX. Following a capital raise, Limepay decided to invest on its platform to make it scalable. The result was a switch in cloud infrastructure from AWS to Google Cloud and related tools like Kubernetes limepay: . But Limepay, which rebranded in 2022 as April Solutions Aug 19, 2024 · The agreement immediately lifts Limepay’s payment volumes by around 40% to about $167 million per annum, and further underpins Spenda’s strategic rationale in acquiring the Limepay business. April is now Spenda! In September 2024, April was acquired by Spenda - an integrated business platform that enables businesses to sell better and get paid faster. Limepay provides a robust and scalable cloud-based platform comprising a portfolio of software tools to enable corporates and f Limepay was established in 2019 and is trusted by more than 200 businesses globally to provide payment processing and embedded finance services. *Although ASX believes that every care is taken in the compilation of the information on delisted it cannot warrant its accuracy and is not Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Spenda Limited’s subsidiary Limepay has struck a lucrative two-year deal with Lessn to handle all their payment processing, promising to boost Limepay’s annual revenue by approximately $1 million. Today in B2B payments, Limepay rolls out a buy now, pay later tool, while Wells Fargo debuts a financial assistance portal for small- to medium-sized businesses. Australian fintech Limepay has today rebranded to April, capturing the startup’s evolution from a payment technology stack, to a broader focus on embedded finance services. 4 million (unaudited). Managing Director Adrian Floate commented: “This is an exciting day for everyone involved. Sep 12, 2025 · Spenda Limited will release 264,462,810 shares from escrow on 20 September 2025. Read about the latest news & greatest stories on limepay. 8 it will also issue Limepay allows merchants to integrate an online payments platform with their own branding. 4 million Spenda Ltd (ASX:SPX) has executed a binding share sale agreement to acquire software development company Limepay Pty Ltd in an all-scrip deal worth up to $8 The agreement will see Lessn implement Limepay’s white-labelled payment widget product to end payment services on Lessn’s platform. Further information on companies that have changed their name, including a summary of all changes for each company, can be found at delisted. This milestone triggers the issuance of 137,142,857 shares to Limepay vendors, marking a significant step in the acquisition agreement. 2 million. It displays a robust and scalable cloud-based platform with the necessary software tools. au. 65 million. au) location in New South Wales, Australia , revenue, industry and description. Enter buy now, pay later (BNPL) platform LimePay, which, through a partnership with Domain, is offering home sellers the ability to market, renovate or upgrade their home before paying back the costs once the property has sold. In FY24, Limepay generated $2. On InvestingNews. LimePay | 7,658 followers on LinkedIn. com. Limepay: New buy-now, pay-later scheme here to disrupt Afterpay and Zip Limepay is the newest buy-now, pay-later (BNPL) kid on the block but functions very differently to other payment platforms. 8 million in unaudited revenue and $1. The consideration consist of 4 tranches ASX code and company name changes Companies that have changed their name and/or ASX code are listed below. Who is Spenda? Spenda serves as both a software solution provider and a payment processor and delivers the essential infrastructure to streamline business processes before, during, and after the payment event View Limepay (www. 4 million in unaudited gross profit in the 2024 financial year, with potential for growth in the form of a strong pipeline of new The agreement immediately lifts Limepay’s payment volumes by around 40% to about $167 million per annum, and further underpins Spenda’s strategic rationale in acquiring the Limepay business. Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Spenda Limited’s subsidiary Limepay has struck a lucrative two-year deal with Lessn to handle all their payment processing, promising to boost Limepay’s annual revenue by approximately $1 million. Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Spenda Limited has successfully completed the acquisition of Limepay, marking a strong start to FY25 with new customer wins and the integration of both companies’ services and teams set to enhance their product offerings. Limepay provides a robust and scalable cloud-based platform comprising a portfolio of software tools to enable corporates and financial institutions to provide white-labeled embedded finance solutions to their customers. Limepay generated $2. Empowering payments in Asia, Africa and Beyond | Limepay is transforming the payments landscape with secure and trusted solutions tailored for the unique Buy-now-pay-later fintech Limepay has added a series of high-profile hires to its team as it continues to work towards listing on the ASX. Featured News Spenda’s Limepay boosts annual payment processing to $167 million in Lessn deal 20 Aug 24 Spenda Limited has announced that its subsidiary, Limepay Pty Ltd, has met the conditions for the issuance of Tranche 3 Deferred Consideration by achieving a three-month revenue of $1. LimePay Brighte Art Money Australia BNPL Market Size and Spending Pattern, 2019-2028 Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend 536 subscribers in the News_IT community. Spenda has agreed to acquire Limepay in an all-scrip deal valued up to $8 million. Spenda Ltd (ASX:SPX, OTC:CROTF) has accelerated the growth of its all-scrip transactions by signing a binding term sheet to acquire 100% of the issued capital of Limepay for up to $8 million. Find related and similar companies as well as employees by title and much more. Limepay is an interesting one in BNPL offerings merchants to run their own BNPL programs, which also tickles my imagination… Spenda Limited (ASX:SPX) entered into binding term sheet to acquire Limepay Pty Ltd for AUD 6. Jul 18, 2024 · Three years ago amid the BNPL goldrush, fintech Limepay was hoping to list on the ASX. Through this strateg- Kapitales Research, Australia. It is the second local private BNPL fintech to raise funding in as many months, with white label BNPL business Limepay raising […] Australian enterprise payments fintech Limepay has secured a $21m investment ahead of its initial public offering (IPO) listing. Integrated business platform that allows companies across the supply chain to sell and get paid faster, Spenda, and its acquiree company, Limepay, have recently partnered with Lessn. Spenda Limited (ASX: SPX) announces that its subsidiary, Limepay Pty Ltd, has successfully finalized a Master Services Agreement with HospoPay Pty Limited. 2 million in annual recurring revenue to Spenda. 8 million on July 16, 2024. Overview of Limepay Limepay, established in 2019, is trusted by over 200 businesses to provide payment process and embedded finance services. For further insights into AU:SPX stock, check out TipRanks’ Stock Analysis page. This agreement claims to immediately increase Limepay’s current payment volumes by 40% to ~$167 million per annum, further underpinning Spenda’s strategic rationale for the acquisition of the Limepay business. Limepay is a business-to-business (B2B) software-as-a-service (SaaS) company providing embedded finance and card-not-present payments as a service provider. The company generated $2. 8 million in revenue and $1. Limepay has a robust pipeline of enterprise level clients at various stages in the sales cycle, that are expected to contract to use Limepay’s products, as well as take up Spenda’s products suite. Sep 19, 2024 · Spenda Limited (ASX:SPX) signed a binding Share Sale Agreement to acquire Limepay Pty Ltd for AUD 8. Looking for the best stocks to buy? Follow the recommendations of top-performing analysts. 27 million shares. Limepay says its new solution will help businesses improve cash flow reliability and deliver secure, convenient payment options. The transaction will be completed in four performance-dependent tranches, potentially adding $7. It wasn’t to be for the white label buy-now-pay-later platform, founded in 2016, which billed itself as Australia’s first enterprise payments fintech. Digital payments company Limepay announced the appointment of former media agency senior executive Willie Pang as CEO. The consideration consist of 4 tranches Spenda will issue 205 million shares as first tranches and for the second earnout consideration it will issue 59 million share and for the rest payment of AUD 4. Company profile page for Limepay Pty Ltd including stock price, company news, executives, board members, and contact information Spenda Limited signed a binding Share Sale Agreement to acquire Limepay Pty Ltd for AUD 8. Limepay allows merchants to integrate an online payments platform with their own branding. This opportunity is provided through LimePay and Domain's platform: MarketNow. com you'll find everything you need to know about limepay. The changes reflect the evolution of the FinTech which started as a white label buy Limepay, established in 2019, provides embedded finance and card-not-present payment services to more than 200 Australian businesses. 5m invested By Business News Australia 16 July 2024 Limepay’s Chief Executive Officer, Andy Britz, has moved into the role of Chief Technology Officer and will join Spenda’s ELT. Spenda Limited (ASX:SPX) News (Video) - Spenda Limited (ASX:SPX) managing director Adrian Floate sits down with Proactive’s Jonathan Jackson to discuss the acquisition of Limepay Pty Ltd in an all-scrip transaction valued at up to $8 million. How does MarketNow work? Today in B2B payments, Limepay rolls out a buy now, pay later (BNPL) tool, while Wells Fargo debuts a financial assistance portal for small- to medium-sized businesses (SMBs). Willie Pang, CEO at Limepay, says merchants can keep consumers and businesses within their ecosystem by offering a branded payment solution. This agreement empowers Limepay to manage payment volume efficiently using its cutting-edge transaction processing gateway. The consideration consist of 4 tranches Limepay’s Founder and CEO, Tim Dwyer, said, “The entire Limepay team is very pleased with the success of the pre-IPO raise, and thanks existing and new investors for participating in the round. Spenda , an integrated business platform that enables businesses across the supply chain to sell better and get paid faster, is pleased to announce that its acquiree company, Limepay, has executed a Master Services Agreement with Lessn , a leading technology innovator in the bill payment Limepay allows merchants to integrate an online payments platform with their own branding. This agreement increases Limepay’s payment volumes by approximately 40% to $167 million per annum, reinforcing Spenda’s strategic decision to acquire Limepay. Limepay, established in 2019, provides embedded finance and card-not-present payment services to more than 200 Australian businesses. limepay. ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. These include a suite of leading Limepay has rebranded as April and will focus on embedded finance. Fresh and trending news about IT industry business, finance, employment, product, technology… and top… limepay: . . Pang was the managing director, GroupM Services, and before that CEO of Spenda Limited signed a binding Share Sale Agreement to acquire Limepay Pty Ltd for AUD 8. About Limepay is trusted by over 200 businesses to provide payment process and embedded finance services. Furthermore, both businesses have moved into new offices in Sydney and will commence rebranding Limepay to Spenda. Australian payments platform Limepay has launched its STACK solution, an all-in-one payments platform for B2B companies and their customers. 8 million revenue and software expertise to Spenda’s portfolio, with payment structured in four tranches of shares, contingent on Limepay’s performance and other terms. 18nf, edew, stu8f, rq0va, 4fa1b, o3si, vxjh, 5knn1c, wv6lr, hfad,