Cuscal MD Craig Kennedy and Basiq founder Damir Cuca

Open banking fintech Basiq sells to payments giant Cuscal

- March 10, 2023 < 1 MIN READ

Payments platform Cuscal has acquiring Consumer Data Right startup Basiq for an undisclosed sum. The deal provides an exit for investors including NAB Ventures, Salesforce Ventures and Westpac’s Reinventure, as well as Visa. The VC arms of the Australian banks first backed Basiq in 2017, doubling down in a Series A in 2021. Cuscal, owned… Read more »