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Corporate rewards platform Pay.com.au hits $630m valuation, eyes ASX

Paul Smith

Pay.com.au, the Melbourne platform that lets companies earn reward points for regular business purchases, has raised $53 million from investors to fund an expansion into the US.

Managing director Ed Alder said the company was seriously considering listing on the ASX after the latest investment round more than doubled its value in a year to over $630 million.

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