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Peppermint Innovation Limited (ASX:PIL)

ALERT: Price-sensitive ASX Announcement for PIL
Current share price for PIL : $0.004 0 (0%)+
Announcement
Release
19 Dec 2025 11:28AM
Price at Release
$0.004
Full Release
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Summary
Peppermint Innovation Limited successfully raised A$500,000 to enhance and expand its bizmoto digital wallet and payments platform across the cooperative sector in the Philippines. The initiative will initially target the MASS-SPECC cooperative network consisting of 3.4 million members and then expand to the broader cooperative ecosystem. The capital will be deployed to improve transaction capabilities, including cash-in services, bill payments, and QR-based merchant payments, while also pursuing strategic partnerships to drive adoption. CPS Capital Group served as the Lead Manager and Broker for the capital raising effort.
Key Points
  • Peppermint Innovation Limited raised A$500,000 to scale its bizmoto digital wallet in the Philippines.
  • The capital will focus on the MASS-SPECC cooperative network with 3.4 million members.
  • Funds will enhance transaction capabilities like cash-in services, bill payments, and QR-based payments.
  • Peppermint owns a licensed digital wallet platform regulated by the Bangko Sentral ng Pilipinas.
  • CPS Capital Group acted as Lead Manager and Broker for the placement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.