Santander to buy New Age Data in Uruguay

Santander to buy New Age Data in Uruguay

Corporate & Sovereign Strategy M&A Digital Payments Technology Uruguay Spain

PagoNxt, a financial technology company owned by the Spanish bank Grupo Santander, has reached an agreement to buy New Age Data in Uruguay as it expands its Getnet merchant payments platform in Latin America, Uruguayan press reported on Friday. Gustavo Trelles, country head of Grupo Santander in Uruguay, said the acquisition will help improve the bank's digital financial services in Uruguay by incorporating New Age Data’s point-of-sales (POS) payments system, according to a statement to the loca

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