PayTabs agrees to buy SeaPay in Saudi Arabia
PayTabs Group, MENA’s award winning payment solutions powerhouse and a top 100 global fintech company today announced it has signed a Memorandum of Understanding (MOU) to acquire 100% of SeaPay (Arab Sea Financial Company) from Saudi-listed Arab Sea Information Systems Company in a transaction aimed at strengthening the group's payment infrastructure and revenue model in its largest market.
We haven't written up this one. Finextra has the full story — the link below goes straight to it.
