Media Releases
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Cuscal Completes Acquisition of Indue Limited – A New Era for Payments Innovation
Sydney, 1 December 2025 Cuscal Limited (ASX: CCL) today proudly announced the successful completion of its acquisition of Indue Limited (Indue), (the Acquisition), marking a transformative milestone in Australia’s payments industry. This strategic transaction unites two culturally aligned businesses with a strong heritage in the mutual banking sector and a shared commitment to innovation, resilience, […]
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Cuscal Wins at the Adam Smith Awards Asia for Best IPO Listing
Sydney, 25 November 2025 Cuscal Limited (ASX:CCL) (Cuscal or the Company) has been recognised as the Best IPO Listing at the Adam Smith Awards Asia 2025. The Award recognises Cuscal’s disciplined execution, strategic positioning and strong investor engagement ahead of its successful listing on the Australian Securities Exchange (ASX) on 25 November 2024, with the […]
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Cuscal to Acquire Indue (subject to regulatory approvals)
Sydney, 22 August 2025 Cuscal Managing Director, Craig Kennedy has advised the market today that Cuscal Limited (Cuscal) has entered a conditional, binding agreement to acquire all of the shares in Indue Limited (Indue), an Australian payment services provider, subject to regulatory approvals (the Acquisition). Commenting on the Acquisition, Cuscal Managing Director, Craig Kennedy said: […]
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Cuscal lodges Prospectus with ASIC in relation to an Initial Public Offering and ASX Listing
Sydney, 8 November 2024 Cuscal Limited (Cuscal or the Company), today lodged a Prospectus with ASIC in relation to an Initial Public Offering of 134.7m shares at a price of $2.50 per share (Offer Price). The Offer size of ~$337m comprises $40m of new capital to be raised by Cuscal, with the remaining ~$297m enabling […]
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Cuscal announces changes to Executive Leadership Team
Sydney, 16 February 2024 Cuscal Limited (Cuscal) confirms that after ten years with the business, Bianca Bates has resigned from her role as the Deputy CEO at Cuscal to take on a new position at Smartgroup Corporation Limited (ASX: SIQ). Bianca held many positions within Cuscal over her tenure and led Cuscal’s operating model’s transformation, […]
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Cuscal signals commitment to Australia’s Open Data economy through strategic investment in Basiq
Sydney, 10 March 2023 Cuscal Limited (Cuscal), one of Australia’s largest independent providers of payments, banking and regulated data has entered into a binding agreement, under which Cuscal will acquire a material controlling interest in Braavos Corporation Pty Ltd, the parent company of Basiq Pty Ltd (Basiq), a leading Data and Open Banking API platform, […]
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Cuscal continues to empower Australia’s data economy with the acquisition of industry-leading Data Recipient and Product Verification Testing solutions
Sydney, 8 December 2022 Cuscal, Australia’s largest independent provider of payment, banking and regulated data solutions, has made its first strategic acquisition in the Open Banking and Consumer Data Right (CDR) space through the acquisition of myCDRdata from Regional Australia Bank. The purchase of myCDRdata positions Cuscal to lead in Open Banking and CDR with […]
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Over 70% of NPP Identified Institutions enabled by Cuscal now certified to provide PayTo services
Sydney, 29 November 2022 A further 10 authorised deposit-taking institutions (ADIs) have been enabled by Cuscal to offer PayTo services to customers. This brings the total number of ADIs connected to PayTo through Cuscal to 26, covering 33 bank brands, with eight payment service providers certified to provide PayTo Payment Initiation services to businesses. The […]
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PayTo ecosystem expands with certification of 12 Cuscal clients
Sydney, 4 October 2022 Cuscal Limited today announced that 12 clients have been approved to offer PayTo services to consumers and businesses, expanding the number of Identified Institutions certified as Payer Participants and Initiating Participants. Payer Participants enabled by Cuscal The following clients have been certified by Cuscal as Payer Participants: Bank Australia, BankWAW, Broken […]
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Cuscal becomes an accredited data recipient, opening the door to regulated data sharing and payments for Australian enterprise
Sydney, 23 September 2022 Cuscal Limited, Australia’s largest industry provider of payment solutions for the Australian financial services sector, was granted accreditation to participate in the Consumer Data Right (CDR) as an unrestricted accredited data recipient by the Australian Competition and Consumer Commission (ACCC) this week. Announcing Cuscal’s accreditation, Jamie Leach, Domain Lead for Regulated […]
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