Peppermint Innovation’s Shares Jump 80% on InstaPay Launch and New Licence
Peppermint Innovation Limited (PIL) has addressed recent unusual trading activity, attributing it to growing market recognition of its recent fintech milestones rather than undisclosed information.
- No undisclosed material information behind recent trading surge
- Launch of InstaPay P2P 'Sender and Receiver' functionality boosts payments infrastructure
- Philippine Central Bank grants Merchant Acquisition Licence to PIL
- Fintech veteran Brad Jones joins PIL’s Advisory Board
- Company confirms compliance with ASX continuous disclosure rules
Context Behind the Trading Activity
Peppermint Innovation Limited (PIL), a player in the digital payments space, recently faced an ASX Price and Volume Query following a notable spike in its share price and trading volume. The company responded promptly, clarifying that no undisclosed information exists that could explain the market movements. Instead, PIL attributes the surge to a delayed market appreciation of previously announced developments.
Key Developments Driving Market Interest
Central to PIL’s explanation is the successful launch of the InstaPay peer-to-peer (P2P) 'Sender and Receiver' functionality integrated into its bizmoto wallet platform. This upgrade enables real-time digital transfers across seven major Philippine banks and e-wallets, removing third-party intermediaries and enhancing transaction margins by approximately 50%. The move not only improves user experience but also positions PIL to capitalize on the rapidly growing digital payments ecosystem in the Philippines.
Complementing this technological advancement, PIL secured a Merchant Acquisition Licence (MAL) from the Bangko Sentral ng Pilipinas (BSP), the country’s central bank. This licence authorizes PIL to onboard merchants, including micro and small businesses, to accept digital payments via the bizmoto wallet, opening new revenue streams and expanding financial inclusion in underserved communities.
Strategic Leadership Bolsters Growth Prospects
Adding to the positive momentum, fintech veteran Brad Jones joined PIL’s Advisory Board in August 2025. With extensive experience leading digital wallet platforms across Asia, Jones brings valuable expertise in mobile finance and financial inclusion. His endorsement underscores PIL’s potential to be a transformative force in the Philippine fintech landscape.
Compliance and Market Transparency
PIL reaffirmed its compliance with ASX Listing Rules, particularly continuous disclosure obligations, ensuring that all material information has been appropriately communicated to the market. The company’s transparent response to the ASX query aims to reassure investors and maintain market integrity amid heightened trading activity.
While the recent trading surge reflects growing investor confidence, the actual financial impact of these initiatives will become clearer in upcoming quarterly reports. Market participants will be watching closely to see how these strategic moves translate into revenue growth and profitability.
Bottom Line?
Peppermint Innovation’s recent trading surge signals renewed investor confidence, but the true test lies ahead in upcoming financial results.
Questions in the middle?
- How will the InstaPay P2P functionality impact PIL’s transaction volumes and margins in the next quarter?
- What is the expected revenue contribution from merchant acquisition under the new BSP licence?
- How will Brad Jones’ advisory role influence PIL’s strategic direction and market expansion?
