<div>
 
 
 <ul>
 <li>
 
 London-based GoCardless, an open banking infrastructure provider, entered an agreement to acquire Sentenial Ltd, which operates globally under the Nuapay brand, from EML Payments Limited for an undisclosed amount. The acquisition is subject to regulatory approvals.
 
 </li>
 <li>
 
 Through this acquisition, GoCardless plans to leverage Nuapay's account-to-account payment services and open banking expertise to expedite the rollout of new disbursement capabilities and offer new payment verticals, such as payroll, financial services, utilities, insurance, gaming, and gambling.
 
 </li>
 <li>
 
 GoCardless currently serves 85,000+ businesses and processes USD 35+ billion in annual payments across 30 countries.
 
 </li>
 <li>
 
 Analyst QuickTake: 
 In recent months, ​​we have seen several players in the FinTech infrastructure space looking toward acquisitions to expand product reach, increase scale and efficiency, and access new markets. These include 
 <a href="https://sp-edge.com/updates/23617">
 Flywire acquiring Studylink
 </a>
 (to expand in the Australian higher education market), 
 <a href="https://sp-edge.com/updates/22927">
 Airwallex acquiring MexPago
 </a>
 (to enter the Mexican market and expand its product reach geographically), and 
 <a href="https://sp-edge.com/updates/22237">
 Maxwell acquiring Revvin
 </a>
 (to assist mortgage originators in lowering costs, enhancing quality, and increasing margins) during H2 2023.
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://www.businesswire.com/news/home/20240315948497/en/GoCardless-Signs-Agreement-to-Acquire-Nuapay">
 Press release
 </a>
 
 
 <a href="https://www.finextra.com/newsarticle/43857/gocardless-to-buy-nuapay-from-eml-payments?utm_medium=rssfinextra&amp;utm_source=finextrafeed">
 Finextra
 </a>
 
</div>

FinTech Infrastructure

ANALYST_QUICK_TAKE

<div>

GoCardless, a London-based open banking infrastructure provider, has agreed to acquire Sentenial Ltd, a global operator under the Nuapay brand, from EML Payments Limited. The acquisition's cost remains undisclosed and is subject to regulatory approval. 
GoCardless aims to use this acquisition to take advantage of Nuapay's account-to-account payment services and expertise in open banking. This collaboration is intended to speed up the introduction of new disbursement capabilities and create new payment verticals. These verticals could include areas like payroll, financial services, utilities, insurance, gaming, and gambling.
As of now, GoCardless serves more than 85,000 businesses and handles over USD 35 billion in payments across 30 countries on an annual basis.

</div> Analyst QuickTake: 
 In recent months, ​​we have seen several players in the FinTech infrastructure space looking toward acquisitions to expand product reach, increase scale and efficiency, and access new markets. These include <a href="https: 
//sp-edge.com/updates/23617"> Flywire acquiring Studylink </a> (to expand in the Australian higher education market), <a href="https: 
//sp-edge.com/updates/22927"> Airwallex acquiring MexPago </a> (to enter the Mexican market and expand its product reach geographically), and <a href="https: 
//sp-edge.com/updates/22237"> Maxwell acquiring Revvin </a> (to assist mortgage originators in lowering costs, enhancing quality, and increasing margins) during H2 2023.

GoCardless to acquire Nuapay to scale indirect payment channels

Platforms, apps, and cards to keep the corporate wallet in check

All Updates

GoCardless to acquire Nuapay to scale indirect payment channels

Moss partners with GoCardless to expand in the UK

GoCardless to reduce staff count by 17%

GoCardless acquires Nordigen to expand open banking account information services

GoCardless expands operations to Germany

GoCardless raises USD 312 million in Series G funding; achieves unicorn status