Kushki acquires start-up in Mexico

Kushki acquires start-up in Mexico

M&A Technology Digital Payments Equity Ecuador Mexico

Ecuadorean payments technology firm Kushki said it bought Mexican credit card processing company Billpocket for an undisclosed amount, adding that the acquisition will allow it to grow 300% in the coming months. Guadalajara-based Billpocket operates a platform for business to take credit card payments. Founded 10 years ago, it has become "one of the first aggregators in the country, a key element to facilitating electronic payments by operating as an intermediary between banks and businesses," K

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