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Spenda Ltd (ASX:SPX)?managing director Adrian Floate sits down with Proactive’s Jonathan Jackson to discuss the acquisition of Limepay Pty Ltd in an all-scrip transaction valued at up to $8 million. The acquisition involves four tranches, with the last three contingent on specific performance milestones. If these milestones are met, Spenda expects to add at least $7.2 million in Annual Recurring Revenue. Limepay, established in 2019, provides embedded finance and card-not-present payment services to more than 200 Australian businesses. The company generated $2.8 million in revenue and $1.4 million in gross profit for FY24 (unaudited). Limepay's offerings include payment acceptance, instalment options, lending, working capital and marketplace solutions, all developed in-house with full IP ownership. Watch at #Proactive #ProactiveInvestors #PaymentSolutions #FinancialServices #B2B #SaaS https://lnkd.in/ezTC_yGX