Investor · 1 deal
Every published round Cuscal took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Paypa Plane | Series A | 3 Apr 2023 | $10m | Participant | Startup Daily (26 Jul 2023), SmartCompany, Women's Agenda, Australian FinTech, Startup Daily (31 Mar 2023), Business News Australia, paypaplane.com, Sprint Ventures portfolio |
Companies Cuscal has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Paypa Plane | 3 Apr 2023, Series A | 1 | 0 |
Fund closes reported for Cuscal, as distinct from the investments it has made.
Companies Cuscal has backed that another company then bought. An exit for the holding, not a deal Cuscal did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Cuscal is recorded as having been acquired. | ||||
Companies Cuscal acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Basiq | Acquisition | 14 Mar 2023 | $80m | Australian FinTech (24 Jun 2025), Startup Daily (12 Mar 2024), Startup Daily (6 Feb 2024), Australian FinTech (14 Mar 2023), Startup Daily (10 Mar 2023) |
| Name | Role | Sources |
|---|---|---|
| Bianca Bates | Deputy CEO (former) | Fintech News Australia, Startup Daily |
| Craig Kennedy | Managing Director | Australian FinTech, Startup Daily |
Stories naming Cuscal. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
Cuscal has completed its purchase of New Zealand payments firm Paymark, rebranding it Cuscal Paymark; the business stays standalone with leadership unchanged as Cuscal widens its Australasian payments footprint.
Payments firm Monoova has appointed Bianca Bates as chief executive from July 2026, replacing co-founder Christian Westerlind Wigstrom, with chair Robert Bell filling in until she starts.
ASX-listed venture fund Touch Ventures is parting with chief executive Hein Vogel; the piece recalls its 2021 $100 million listing, heavy write-offs on PlanPay and Till Payments, and Basiq's sale to Cuscal.
Payments firm Fat Zebra has acquired open-banking platform Adatree, price undisclosed, with all staff moving across; the piece also recalls Adatree's 2021 seed round and the sector's slow consumer-data-right progress.
Also Fintech News Australia·Australian FinTech·Fintech News Australia·Fintech News Australia
Payments company Cuscal is acquiring open banking data firm Basiq for an undisclosed price, letting backers NAB Ventures, Salesforce Ventures, Reinventure and Visa cash out.
Also Australian FinTech·Startup Daily·Startup Daily·Australian FinTech
Profile of Zeller's co-founder Ben Pfisterer covering the payments firm's Melbourne base, unicorn valuation, early backers, product range and growth since launching in 2021.
Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.
Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda