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Orenda Chooses EML For Its Alluring Zero-code FinTech-as-a-Service Platform In The UK & Europe

Press release content from Business Wire. The AP news staff was not involved in its creation. Orenda Chooses EML For Its Alluring Zero-code FinTech-as-a-Service Platform In The UK & Europe April 12, 2021 GMT EML is powering Orenda s dynamic machine learning payments capabilities. (Photo: Business Wire) LONDON (BUSINESS WIRE) Apr 12, 2021 EML Payments Limited (ASX: EML) (S&P/ASX 200) is delighted to partner with Orenda, the zero-code, machine learning Banking-as-a-Service challenger built on event-driven, serverless technology. Orenda is empowering businesses and non-financial institutions in the United Kingdom and Europe to embed financial services, allowing them to concentrate on distribution strategies while leaving all of the banking infrastructure and payments requirements to the experts.

EML Acquires Sentenial Group & Enters The Open Banking Market In Europe

EML Acquires Sentenial Group & Enters The Open Banking Market In Europe Sentenial Limited and its wholly-owned subsidiaries (“Sentenial”), and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account (“A2A”) payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions. BRISBANE, Australia (BUSINESS WIRE) EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million).

Open Banking Firm Nuapay Acquired by EML Payments for €100 Million

Open Banking Firm Nuapay Acquired by EML Payments for €100 Million EML Payments Limited (ASX: EML) has acquired Sentential and its wholly-owned subsidiaries including open banking firm Nuapay. The binding agreement totals €110 million including an upfront enterprise value of €70 million plus an earn-out of up to €40 million. Sentenial is a cloud-native payments company that is reportedly processing €45 billion per year. The Fintech is regulated in both the United Kingdom and France. Nuapay is its open banking brand oeprating in the growing European open finance sector providing EML with the ability to manage payments across scheme (Mastercard and Visa) and non-scheme (A2A), as well as both card and non-card payments.

eml payments - All news and posts by Crowdfund Insider

eml payments - All news and posts by Crowdfund Insider
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Open Banking Brand Nuapay Acquired by EML

(“Sentenial”) , and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account (“A2A”) payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions. EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million). Sentenial is a cloud-native, API-first, full-stack enterprise-grade payments company, processing 45 billion Euro per annum and is dually regulated in the United Kingdom and France.

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