PPRO Acquires Paytech Alpha Fintech

PPRO, the leading provider of digital payments infrastructure, yesterday announced the acquisition of Alpha Fintech, a next-gen payments technology company. The deal will expand PPRO's offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its customers.

Alpha Fintech's cloud-based platform allows for the seamless integration of digital payments products and services, from payment processing and merchant management to risk management, fraud prevention, and data analytics.

The APAC-focussed company has played a pivotal role in accelerating the growth of banks, fintech enterprises, and payment service providers, including New Zealand's BNZ and Southeast Asia's super-app Grab.

By adding Alpha's platform to its infrastructure, PPRO is now poised to offer a plug-and-play orchestration layer that will let its customers integrate products and services faster and at scale. Customers can look forward to more global payment flows, the ability to integrate third-party applications, stronger compliance and risk capabilities, and deeper data insights.

PPRO will also welcome Alpha's 90 paytech experts into its ranks, based primarily in Australia and Argentina, as well as the US and Singapore. Their addition boosts PPRO's regional networks and presence and furthers its mission to become a global payments powerhouse.

The transaction is expected to close in the first quarter of 2022.