Allied Wallet, a London, United Kingdom-based fintech company offering payment solutions in 196 countries, acquired Epayment, a Hong Kong based financial technology company.
The amount of the deal was not disclosed.
The acquisition will enable the company to expand in the Hong Kong area.
Led by Dr. Andy Khawaja, Founder, Allied Wallet provides payment processing solutions for online merchants, enabling them to send and receive global payments. With PCI compliant merchant services for nearly any business size, the company provides a payment gateway to optimize online transactions. It works in a number of countries including Indonesia, Malaysia, Spain, Vietnam, Peru, and more.