GoCardless Signs Agreement To Acquire Nuapay
GoCardless, a prominent bank payment company, has recently announced its intention to acquire Sentenial Ltd, which operates under the Nuapay brand, from EML Payments Limited (ASX: EML), subject to regulatory approvals.
This acquisition will greatly enhance GoCardless' offering in the indirect channel, solidifying its position as a key payment provider for Independent Software Vendors (ISVs) and Payment Service Providers (PSPs).
By integrating Nuapay's capabilities into its bank payment platform, GoCardless aims to expedite the implementation of new disbursement functionalities, opening up opportunities in various sectors such as payroll, financial services, utilities, insurance, gaming, and gambling.
The acquisition will establish a comprehensive service provider with a strong emphasis on bank payments, empowering businesses and partners to leverage enhanced features that improve payment success rates and mitigate fraud risks.
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