Operator of an online mobile payment platform. The company's platform offers cross-border payments, prepaid card payments, foreign exchange payment services, enabling businesses to independently offer a unique range of electronic payment service capabilities to their payees.
Generating Revenue
Acquired/Merged (Operating Subsidiary)
Formerly PE-Backed
The company was acquired by PayPal (NASDAQ: PYPL) for $400 million on November 15, 2018. The acquisition will enhance PayPal's payout capabilities, improving its ability to provide an integrated suite of payment solutions to E-commerce platforms and marketplaces around the world.
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