NomuPay Acquires Total Processing
Summary
The deal, which comes just months after NomuPay’s Series A funding announcement, will enable the Ireland-based company to accelerate their business expansion efforts throughout Southeast Asia, Europe, Turkey as well as enter the Middle East. NomuPay will provide Total Processing with additional acquiring capabilities in Hong Kong, Malaysia, Thailand, the Philippines and the European Union. Following the acquisition, NomuPay plans to further scale Total Processing’s merchant tooling into Hong Kong and other key Southeast Asian markets. The company will also leverage Total Processing’s presence in the UK and UAE to further bolster their European operations and grow market share in the Middle East. “At NomuPay, our goal is to provide our customers with an ‘all-access pass’ to payments, future-proofing their ability to successfully scale in high-growth regions,” said Burridge.