Saudi Arabia’s HyperPay acquires fintech start-up Sanad Cash
HyperPay is aiming to expand its product offerings in order to become an “all-in-one” digital payments platform.
HyperPay is aiming to expand its product offerings in order to become an “all-in-one” digital payments platform.
As part of the deal, Mastercard has also invested in HyperPay, leading a $40 million funding round.
The two companies will offer integrated, real-time fraud prevention solutions for e-commerce payments for merchants in MENA.