EmTech Acquires Interpay Africa
Emergent Technology Holdings (EmTech) has announced it has acquired Interpay (Interpay Africa), a payments processor based in Ghana. The acquisition extends the operations of EmTech’s digital payments business, Emergent Payments, a local payments provider in 70 emerging markets.
Interpay Africa connects African merchants to local and international payments capabilities across mobile money, traditional payment and local bank platforms. The company has over 40 employees in offices in Ghana, Benin and Pakistan.
Emergent Payments is a payment facilitator for large-scale digital merchants expanding into emerging markets. Through a single API integration, merchants gain access to local payment services in emerging market countries throughout Asia Pacific, Latin America, Africa and the Middle East. The Interpay Africa acquisition marks the launch of EmTech’s Africa 20-20-20 strategy, expanding Emergent Payments’ services into 20 African countries by 2020. Interpay has been renamed Emergent Payments Ghana and will do business as Emergent Payments Africa.