Draft:Pinch Payments
Australian financial technology company
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Pinch Payments is an Australian financial technology company that provides payment infrastructure and payment facilitation services for software platforms and businesses. The company was founded in 2016 by Paul Allen and Ben Cull.[1]
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| Company type | Subsidiary |
|---|---|
| Industry | Financial technology |
| Founded | 2016 |
| Founders | Paul Allen, Ben Cull |
| Headquarters | Australia |
| Parent | Fiserv (2025–present) |
| Website | https://getpinch.com.au |
In 2025, Pinch Payments was acquired by the global financial technology company Fiserv as part of its expansion of embedded payments capabilities in the Asia-Pacific region.[2][3]
History
Pinch Payments was founded in Australia in 2016. The company developed payment infrastructure designed to enable software platforms and businesses to integrate payment processing into their applications and operational systems.[1]
In 2017, the company released an integration with the accounting platform Xero, allowing businesses to accept payments directly from invoices created within the software.
In 2019, Pinch began trial integrations with QuickBooks Online as part of efforts to expand integrations with accounting software platforms.
During the early 2020s, the company expanded its payment infrastructure and merchant network in Australia.
In April 2025, Fiserv announced the acquisition of Pinch Payments. Industry publications reported that the acquisition formed part of Fiserv's strategy to expand its embedded payments capabilities and strengthen its presence in the Asia-Pacific fintech market.[2][3][1]
Business model
Pinch Payments operates as a payment facilitator (PayFac), providing infrastructure that enables software platforms and independent software vendors to embed payment processing capabilities into their products.
The company's technology supports payment methods including card payments and direct debit transactions and is designed to integrate with accounting and business management platforms such as Xero, QuickBooks Online, and MYOB.
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