• QuickFee sells US Pay Now (ACH, Card and Connect) business for US$26.35 million (A$40 million)
• Acquisition multiple of 5x revenue, based on FY25 revenue of US$5.3 million
• QuickFee retains the US Finance business and loan book of US$7.5 million

QuickFee Limited (ASX: QFE) has announced the sale of its US Pay Now (ACH, Card and Connect) business to Aiwyn, Inc., a US technology company backed by KKR and Bessemer Ventures, for US$26.35 million (A$40 million). This represents an acquisition multiple of 5x revenue, based on the FY25 Pay Now revenue of US$5.3 million. QuickFee will continue to retain and operate its US Finance loan book and US Finance product. The large majority of QuickFee US staff are transitioning to Aiwyn. QuickFee will continue to operate its financing business independently, and importantly QuickFee has established a reseller agreement with Aiwyn, whereby QuickFee's US Finance offering will be embedded into Aiwyn's products. QuickFee will retain a team in the US to continue to operate and grow the US Finance business, the loan book of which was US$7.5 million as at 30 June 2025. The sale signed and completed simultaneously, with proceeds due to be received by QuickFee less an escrow amount of US$1.32 million by 10 September 2025. The Board will consider several options for the use of proceeds from the sale, including a capital return, dividends, debt paydown and working capital.

QuickFee's operating outlook remains positive, with the company confident in the growth potential of its core Finance operations in Australia and the US over the year ahead. While US Finance transaction volumes for Q1 FY26 are expected to be lower than the prior corresponding period, liquidity benefits from the sale, minimal ongoing product development spending and a sole focus on core lending activities mean that FY26 results for the group are expected to substantially exceed FY25.