/payments

News and resources on payments systems, innovations and initiatives worldwide.

Ant Group eyes up $200 million acquisition of Multisafepay

China's Ant Group is reportedly preparing to acquire Dutch payments firm Multisafepay as it expands further into Western markets.

Be the first to comment

Ant Group eyes up $200 million acquisition of Multisafepay

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Founded in 1999, MultiSafepay provides payment acquiring and processing services, and supports more than 30 local and international payment methods and is an acquirer and processor for all major cards.

The deal is reportedly worth around $200 million, according to Reuters, citing people familiar with the matter.

Ant Group has been steadily expanding its influence beyond China in recent years, forging alliances with major payments processors and conducting strategic acquisitions in key markets.

Learn more about payments at NextGen Nordics on the 23 April 2024.

Sponsored [On-Demand Webinar] Global Trade Based Financial Crime: Where Trade and Payments Meet

Comments: (0)

[Webinar] Preventing disaster: How banks can address operational resilience to prepare for global ouFinextra Promoted[Webinar] Preventing disaster: How banks can address operational resilience to prepare for global outages