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PYS PaySauce News Story

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New Zealand's PaySauce surges after strong Q2 results

** Shares of New Zealand's PaySauce PYS.NZ rise as much as 10.7% to NZ$0.31, their biggest percentage rise since October 2

** SaaS fintech platform posts record annualised recurring revenue of NZ$9.2 million ($5.34 million) for the second quarter, a 6% rise from the previous year

** Reports 14% rise in processing fee revenue to NZ$1.8 million for the quarter, from a year ago

** PYS, up 46.3% YTD

($1 = 1.7244 New Zealand dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.SinghChundawat@thomsonreuters.com;))

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