Spenda launches AI-driven Spenda Pay platform to boost SME cash flow

Spenda Limited ( (AU:SPX) ) just unveiled an update.

Spenda Limited has launched Spenda Pay, a new business accounts payable platform that consolidates invoice management, supplier payments, and rewards into a single dashboard, targeting improved cash flow and working capital for SMEs. The system allows businesses to pay any supplier using existing credit cards, even where cards are not accepted, and to earn dual rewards from card issuers and network programs while leveraging interest-free periods without requiring suppliers to change their processes.

The platform uses AI-powered invoice capture and automation to process and reconcile invoices up to five times faster than traditional accounting and bill-payment workflows, including common cloud systems. By rolling Spenda Pay out to existing users and supplier networks, the company aims to deepen customer engagement, enhance platform stickiness, and scale transaction-driven and recurring revenue, reinforcing its positioning in the embedded finance and integrated payments space.

The most recent analyst rating on (AU:SPX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.

More about Spenda Limited

Spenda Limited is an Australian financial technology company listed on the ASX that provides integrated payments, accounts payable, and embedded finance solutions for businesses, particularly SMEs. Its platform focuses on streamlining supplier payments, optimising working capital, and driving transaction-based and recurring revenue across its customer and supplier networks.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.25M

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