Founded in 1999, MultiSafepay provides payment acquiring and processing services, and supports more than 30 local and international payment methods and is an acquirer and processor for all major cards. The deal is reportedly worth around $200 million, according to Reuters, citing people familiar with the matter. Ant Group has been steadily expanding its influence beyond China in recent years, forging alliances with major payments processors and conducting strategic acquisitions in key markets.

Learn more about payments at NextGen Nordics on the 23 April 2024.