Cuscal (ASX: CCL)

Cuscal Limited (ASX: CCL) is an Australian payments and regulated data services provider, offering a comprehensive suite of payment infrastructure solutions to a diversified client base.

Founded in 1966 and headquartered in Sydney, Cuscal operates as an authorised deposit-taking institution (ADI) regulated by the Australian Prudential Regulation Authority (APRA). The company enables a range of payment types, from physical cards to real-time payments, and is constantly evolving its offerings to meet the demands of a rapidly changing economy.

Cuscal’s clients include banks, credit unions, mutual savings banks, corporates, and fintechs, providing them with services such as credit cards, mobile banking, payments apps, BPAY, ATM services, data management, and fraud services.

Cuscal listed on the ASX on 25 November 2024 at an IPO price of $2.50 per share, achieving a market capitalisation of approximately $479 million.