Nium Signs Definitive Agreement to Acquire Socash

Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network for a modern approach to digital commerce in emerging markets Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops,...

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