Mint Payments joins PrimaryMarkets Trading Hub

PrimaryMarkets, Australia’s number one trading platform for unlisted companies, has welcomed Australian payments processing leader Mint Payments to the PrimaryMarkets Trading Hub.

Mint commissioned PrimaryMarkets to establish a private share Trading Hub for shareholders to provide a dedicated trading windows and liquidity for its shareholders.

PrimaryMarkets Trading Hub, which hosts more than 80 unlisted companies, provides a secure and controlled platform where shareholders can trade safely in a well-regulated environment.

Mint is a leader in providing payment solutions for SME businesses, with over 1,500 merchant customers in six countries and over $3 billion in annual transaction value.  It is a specialist in handling travel industry payments and has exclusive arrangements with industry leaders including Helloworld Travel, as well as preferred agreements with Travellers Choice, CT Partners, Express Travel Group and more.

Mint CEO Alex Teoh said, “Mint is riding the strong travel demand following COVID-related lockdowns. The company is profitable and processes over 100 million transactions a year.”

Mint was listed on the Australian Securities Exchange in 2007 and de-listed in 2020. With a market capitalisation of $18 million at the time of de-listing, the company has been able to reduce costs and have greater strategic flexibility as an unlisted company enabling scalable growth.

PrimaryMarkets CEO Marcus Ritchie says the platform provides market depth of orders, independence and flexibility which are just some of the many benefits the PrimaryMarkets Trading Hub was designed to provide, along with new capital raising capabilities.

According to EY’s 2022 FinTech Australia Census “payments, wallets and supply chain” is the biggest fintech sector in Australia. Companies in the sector raised more than $100 million of capital over the past 12 months.

Ritchie said, “With 110,000 global members on the platform we offer companies access to investors who take long-term positions in growing businesses. We will continue to provide new opportunities to investors so they can diversify their portfolios away from listed equities exposures.”

PrimaryMarkets, Australia’s number one trading platform for unlisted companies, has welcomed Australian payments processing leader Mint Payments to the PrimaryMarkets Trading Hub.

Mint commissioned PrimaryMarkets to establish a private share Trading Hub for shareholders to provide a dedicated trading windows and liquidity for its shareholders.

PrimaryMarkets Trading Hub, which hosts more than 80 unlisted companies, provides a secure and controlled platform where shareholders can trade safely in a well-regulated environment.

Mint is a leader in providing payment solutions for SME businesses, with over 1,500 merchant customers in six countries and over $3 billion in annual transaction value.  It is a specialist in handling travel industry payments and has exclusive arrangements with industry leaders including Helloworld Travel, as well as preferred agreements with Travellers Choice, CT Partners, Express Travel Group and more.

Mint CEO Alex Teoh said, “Mint is riding the strong travel demand following COVID-related lockdowns. The company is profitable and processes over 100 million transactions a year.”

Mint was listed on the Australian Securities Exchange in 2007 and de-listed in 2020. With a market capitalisation of $18 million at the time of de-listing, the company has been able to reduce costs and have greater strategic flexibility as an unlisted company enabling scalable growth.

PrimaryMarkets CEO Marcus Ritchie says the platform provides market depth of orders, independence and flexibility which are just some of the many benefits the PrimaryMarkets Trading Hub was designed to provide, along with new capital raising capabilities.

According to EY’s 2022 FinTech Australia Census “payments, wallets and supply chain” is the biggest fintech sector in Australia. Companies in the sector raised more than $100 million of capital over the past 12 months.

Ritchie said, “With 110,000 global members on the platform we offer companies access to investors who take long-term positions in growing businesses. We will continue to provide new opportunities to investors so they can diversify their portfolios away from listed equities exposures.”