PaySauce Placement Upsized Following Strong Demand
PaySauce Placement Upsized Following Strong Demand
Lower Hutt, New Zealand – 16 December 2025
Software-as-a-Service fintech PaySauce Limited (NZX: PYS) is pleased to advise
that it has successfully completed its off-market placement of fully paid ordinary
shares in PaySauce (New Shares) to new and existing investors, as announced to
the market on Monday, 15 December 2025 (Placement).
PaySauce received strong support from leading New Zealand institutions and
family offices. The Placement was oversubscribed, resulting in PaySauce
increasing the size of the Placement to $3.5 million at an issue price of NZ$0.26
per share.
PaySauce CEO Asantha Wijeyeratne said: “We are delighted with the support we
have received in this placement. It represents a strong endorsement of our
strategy in Australia. We are now looking forward to completing the SPP and
executing on the new opportunities that this capital offers the company.”
Approximately 13.5 million New Shares are scheduled to be allotted on Friday, 19
December 2025 with trading of the New Shares commencing on the NZX Market
that day. The New Shares will rank equally with and be of the same class as
PaySauce’s ordinary shares quoted on the NZX Market.
As announced on 15 December 2025, PaySauce is also undertaking a $1.0 million
share purchase plan, which will open on Wednesday, 17 December 2025.
Therefore, PaySauce may raise approximately $4.5 million in total.
PaySauce was advised by Cameron Partners Limited and Duncan Cotterill on the
capital raising.
Released for and on behalf of PaySauce by PaySauce CFO Jaime Monaghan
ENDS
PaySauce is a SaaS fintech platform delivering digital payroll solutions across 14
jurisdictions in Asia-Pacific. The technology enables small employers to digitally
onboard, pay and manage employees from any device. The platform includes
rosters, mobile timesheets, payroll calculations, banking integration, automated
payments, PAYE filing, labour costing, and automated general ledger entries. The
PayNow feature enables customers’ employees to access the pay they’ve earned
before payday, providing a free alternative to payday lenders.
www.paysauce.com
CONTACT
Investors Media
Asantha Wijeyeratne Richard Inder
CEO PaySauce The Project
+64 21 554 600 +64 21 645 643
Please direct any investment queries to investor@paysauce.com
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