Spenda Limited
AASX:SPX0.00
AUD
+0.00
(-50.00%)
Spenda Limited
ASX:SPX
(Australian Securities Exchange)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Spenda Limited engages in the development and commercialization of technology solutions that modernize business IT systems through software applications and payment services. The company provides a comprehensive suite of B2B software products, including digital trading software, payment integration solutions, invoice management, supplier and buyer financing, and procurement automation. Spenda's offerings comprise software as a service (SaaS) products and merchant payment services that serve clients across franchise networks, B2B marketplaces, wholesalers, manufacturers, retailers, and service providers. Its core products include purchasing software designed to optimize procurement processes, quote and sales order management tools, cloud-based service management solutions, mobile payment approval wallets, payment terminals for online and offline transactions, and e-commerce payment widgets. Headquartered in Perth, Australia, Spenda operates primarily in the Australian market with a focus on enhancing transactional efficiency and cash flow for business customers. Recent major changes include the acquisition of Limepay Pty Ltd in September 2024, a B2B SaaS company specializing in embedded finance and card-not-present payment services, executed in an $8.8 million all-scrip transaction. This strategic acquisition expanded Spenda's product suite, accelerated ongoing projects, and opened access to new market verticals. Limepay's integration enhances Spenda’s capabilities in embedded finance and payment solutions, supported by a skilled team from banking software backgrounds. Additionally, Spenda has secured significant long-term agreements such as a 10-year e-commerce payments contract with Capricorn Society and a five-year exclusive supply agreement with Carpet Court, facilitating wider adoption of its proprietary payments platform across national retail and franchise networks. Spenda also recently appointed Karim Razak as a director, reinforcing its corporate governance as it scales operations. Founded as Cirralto Limited and renamed Spenda Limited in February 2022, the company combines software and payment processing infrastructure to streamline end-to-end business processes and improve cash flow for its customers. Its strategy emphasizes displacement of fragmented legacy systems with a single collaborative platform that integrates payments, financing, and software workflows, aimed at driving operational efficiency in diverse B2B settings. Spenda’s business segments include SaaS and Payments, which provide software and merchant payment services, and Lending, which delivers financing solutions to business clients. The company’s solutions cater to various industries with a strong focus on commercial buyers and sellers requiring flexible, integrated payment and trade management systems. Overall, Spenda Limited is positioned as an integrated technology provider facilitating digital transformation in business trade and payments, leveraging recent acquisitions and strategic partnerships to expand its market reach and product capabilities within Australia’s digital commerce ecosystem.