BUZZ-New Zealand's PaySauce surges after strong Q2 results
Reuters
Oct 08
BUZZ-<a href="https://laohu8.com/S/NZERF">New Zealand</a>'s PaySauce surges after strong <a href="https://laohu8.com/S/QTWO">Q2</a> results
** Shares of New Zealand's PaySauce PYS.NZ rise as much as 10.7% to NZ$0.31, their biggest percentage rise since October 2
** SaaS fintech platform posts record annualised recurring revenue of NZ$9.2 million ($5.34 million) for the second quarter, a 6% rise from the previous year
** Reports 14% rise in processing fee revenue to NZ$1.8 million for the quarter, from a year ago
** PYS, up 46.3% YTD
($1 = 1.7244 New Zealand dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.SinghChundawat@thomsonreuters.com;))
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