Cuscal: Confirms strategic acquisition of Basiq
- Cuscal, one of Australia’s largest independent providers of payments, banking, and regulated data, and Basiq Pty Ltd (Basiq)
- This acquisition brings positive news to the recent investment downturn and provides hope for local homegrown start-ups
- With the development of the CDR by the Department of Treasury, the opportunities to use more reliable means to access data
- The mission is to provide fintech and institutions with the services they need to compete and ultimately offer
- As the CDR market matures, the range of solutions and financial applications being deployed has significantly shifted
- Basiq has taken the SaaS playbook to heart, ensuring that their customers have the services they need to plug and play
