Newt Corporation (“Newt” or the “Company”), an integrated platform for digital financial services, is pleased to announce that it has entered into a service agreement (the “Agreement”) with Haikanet Group S.A. de C.V. (“Haikanet”), an enterprise resource planning (“ERP”) software provider in Mexico.
Newt’s technology and product offering will now expand the capabilities of Haikanet’s software, which is a well-established platform used by hundreds of businesses to maximize productivity and automate operations.
Under the terms of the Agreement, Newt will start offering its payment services and portfolio of digital products to Haikanet’s network of clients. Haikanet selected Newt as part of a strategy to digitize and automate their processes, such as logistics and payment systems for their large network of operations in Latin America, serving the growing construction industry in the regions.
Sergio Maya Aleman, CEO of Latin America of Newt, stated: “Our partnership with Haikanet further propels our growth strategy as we continue to increase our total number of points of sale and expand our network. Enabling organizations like Haikanet and many others to integrate with our software and digital catalogs of products and services, we are expanding our payment network across all segments and increasing transactions and revenue for both our customers and Newt.”
Haikanet has over 400 merchants and tens of thousands of customers in their network, who, thanks to Newt, will enable the network in all service regions, including remote areas such as the western region of Mexico, to conveniently pay their bills, purchase credit for mobile carriers, buy digital gift cards, and expand the range of digital products the customers can access.
Living in a largely cash-based economy, Mexicans look for vendors who offer easily accessible services. Newt continues to empower merchants like Haikanet’s clients to access a growing multi-billion payment marketplace, so they can generate revenue and offer their customers a convenient digital product ecosystem on the mobile app or directly at their stores.