6 Degrees Capital reposted this
Banked : has acquired Waave, a leading Australian Pay by Bank platform, marking a key milestone in our journey to build a global Pay by Bank solution and reinforcing our commitment to the Australian market. This acquisition strengthens our ability to deliver innovative, account-to-account payment solutions across multiple markets, use cases and different account-to-account rails. Waave’s expertise enhances our product offering and supports the continued shift toward real-time payments in Australia and beyond. In addition, this acquisition establishes a strategic partnership with Chemist Warehouse, one of Australia’s largest retailers, to deliver a world-class Pay by Bank experience. Brad Goodall, CEO of Banked, said: “Acquiring Waave is a major step in expanding our global payments network. Australia is a key market, and Waave’s technology and market presence perfectly align with our vision. We’re excited to welcome Waave to the Banked family as we continue driving innovation in payments.” For more details on the acquisition, visit https://lnkd.in/drcdDcFB #PayByBank #Payments #OpenBanking #FinTech