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Cuscal provides comprehensive payments and data services as an Australian financial infrastructure company. Its offerings include real-time payment solutions for the New Payments Platform, along with card issuing, merchant acquiring, and ATM services. Additionally, it delivers advanced financial crime solutions using AI and machine learning for fraud monitoring, and provides key Consumer Data Right compliance and connectivity.
Established in 1977, Cuscal originated from the recognized need for shared financial services infrastructure, initially serving Australia's credit union sector. Its early mission addressed the collective requirement for sophisticated processing and operational support among smaller financial institutions. The company has since evolved, expanding capabilities beyond this foundational role.
Cuscal serves a diverse clientele: Australian banks, credit unions, mutual savings banks, corporates, and fintechs. Its vision centers on moving data forward by delivering secure payments infrastructure and trusted data services. This commitment empowers clients to enhance competitiveness, drive growth, and provide superior customer experiences within Australia's dynamic financial ecosystem.
Key people at Cuscal.
Cuscal has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series A in Paypa Plane in March 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 31, 2023 | Paypa Plane | $10.0M Series A | Nick Capell | Commonwealth Bank OF Australia, Mastercard, Sprint Ventures, Tyro Payments |
Key people at Cuscal.