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Payments start-up, NomuPay, has acquired Total Processing for a sum believed to be around $35m.

It has picked up Total Processing, a startup out of Manchester that builds payment processing solutions for functions like recurring payments, risk management, PCI (data security) compliance and payment integrations. NomuPay is paying around $35 million for Total Processing, and says that the total value of the company is now $135 million. For some context on that number, Total Processing appears not to have disclosed any outside funding since being founded in 2015.

NomuPay to enhance their gateway-agnostic payment offering through the addition of merchant servicing capabilities like recurring transaction management, risk analytics and payment orchestration.

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NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing. Terms of the deal have not been disclosed. NomuPay has confirmed the deal is a mixture of stock and cash.