Shift4 has agreed to acquire Smartpay, a leading provider of point-of-sale (POS) and payment solutions in Australia and New Zealand, in a deal valued at approximately NZ$296.4m (around $180m).
The agreement, which prices shares at NZ$1.20 each, represents a 46.5% premium on Smartpay’s 90-day VWAP and is expected to close in Q4 2025, pending regulatory approvals.
With a strong regional footprint and a merchant base of over 40,000, Smartpay brings a well-established distribution network across both countries. This acquisition will give Shift4 a broader local presence to support the rollout of its unified commerce and integrated payments technology.
Shift4 CEO Taylor Lauber said, “This acquisition follows the Shift4 playbook to a tee. It deepens our strategic presence in Australia and New Zealand, providing a significant opportunity to offer our full suite of software and payments solutions in the region.
“By combining our payment infrastructure with Smartpay’s distribution capabilities, we’re well positioned to go-to-market at scale in the region with our leading products and services such as SkyTab POS for restaurants, SkyTab Venue for stadiums and arenas, and our end-to-end payment solution for hotels and unified commerce merchants.”
The acquisition aligns with Shift4’s global expansion strategy, which has seen it enter key markets like Germany, the UK, and Ireland using a combination of acquisitions and in-house technology.
Shift4 powers billions of transactions annually across various sectors worldwide.
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