The transaction is expected to close in the second quarter of 2022. PPRO officials stated that the acquisition of Alpha strengthens their position as both a global payments technology company and partner to PSPs, banks, and fintechs.
Alpha provides an omnichannel payment platform for banks, payment service providers, and other fintechs, including New Zealand-based BNZ and Southeast Asia’s super app Grab. An enabler of growth, in addition to merchant management and payment processing, the company’s cloud-based platform allows the seamless orchestration of value-added payment services, including risk management, fraud prevention, data analytics, and more.
Alpha’s paytech experts will join PPRO’s global team, furthering their mission to become an important partner for global payments. PPRO’s officials also stated that cross-border payments are evolving faster. Together with Alpha, they provide the core infrastructure that organisations will need to build out and expand their payment platform.
For more information about PPRO, please check out the company profile in The Paypers Company Database.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright