
June 2026
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![]() | Cuscal Ltd is a payment and regulated data services provider in Australia. The group offers a comprehensive suite of payment infrastructure solutions to a diversified client base. It enables a range of payment types, from physical cards to real-time payments, in the payment value chain and constantly evolves its offerings to meet the demands of a rapidly changing economy. The company has two reportable segments: Payments and Other segments. The payment segment encompasses electronic and paper payment processing, card products, card platform services, digital application development, liquidity management and settlement services, specialized finance facilities, network communication services, fraud management services, real-time payments, and open data services. | $3 | +62% | $666M | ($2B) | (6.5x) | (13.6x) | ||
![]() | wrkr Ltd, formerly Integrated Payment Technologies Ltd develops technology to facilitate the secure storage and transmission of data concerning payments. Its services include ClickSuper Service, Payment Adviser Service, and Bill Exchange Service. The company's only operating segment is engaged in the provision of services that enable its customers to meet their regulatory compliance across the hire-to-retire life cycle. It does that by facilitating the transfer of data and payments between regulated authorities and participants of the ecosystem (HR/payrolls, Accountants, Banks, APRA, SMSF Funds, and federal departments like the ATO). It operates in the one geographical segment of Australia. | $0 | +7% | $131M | $120M | 17.3x | 2321.5x | ||
![]() | EML Payments is a financial technology company that operates across North America, Europe, and Australia. The firm builds the infrastructure for a customer to facilitate/accept payments via a prepaid card or in real-time. It makes money primarily via clipping a fee on payment transactions. It also earns fees from breakage, inactive accounts, cash establishments and interest on debit volumes. EML’s payment solutions cater to a variety of applications including payouts, gifts, incentives, rewards, supplier payments, and more. The firm operates across three product offerings: gift and incentive cards, general purpose reloadable cards, and digital payments. | $0 | -67% | $107M | ($1B) | (8.6x) | (32.3x) | ||
![]() | Findi Ltd is a fintech company that operates as a non-bank ATM. It provides payment solutions, electronic surveillance, and managed services in rural and regional India. | $0 | -88% | $36M | $116M | 2.7x | 5.5x | ||
![]() | Ovanti Ltd is an Australian firm engaged in providing fintech and digital commerce software solutions, empowering institutional clients to securely and efficiently authenticate end-user customers while seamlessly managing banking, purchasing and payment transactions. The company serves banks, insurers, telcos, and corporates in Malaysia and Indonesia through specialized divisions for Mobile Banking, Digital Payments and Digital Services. | $0 | -- | $23M | $20M | 4.8x | (3.0x) | ||
| Median | $0 | -30% | $107M | $20M | 2.7x | (3.0x) |
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