Fintechs go shopping | TechCrunch
The year started out strong, with a string of acquisitions taking place in the space. But then things slowed considerably.
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The year started out strong, with a string of acquisitions taking place in the space. But then things slowed considerably.
Mayani has partnered with payments major GCash for lending to farmers and fishermen, while Nomupay has acquired Total Processing.
Payments start-up, NomuPay, has acquired Total Processing for a sum believed to be around $35m.
NomuPay’s acquisition comes six months after the company raised $53.6m to help it simplify payments across multiple markets Dublin fintech NomuPay has…
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.