business

Tech Giant NexaCorp Acquires FinTech Leader PayStream in $4.8B Deal

Summary

NexaCorp announced today the acquisition of PayStream, a leading fintech company, for $4.8 billion in cash and stock. The deal aims to expand NexaCorp’s digital payment services an

NexaCorp announced today the acquisition of PayStream, a leading fintech company, for $4.8 billion in cash and stock. The deal aims to expand NexaCorp’s digital payment services and enhance its AI-driven financial products. PayStream serves over 50 million customers globally, with annual revenues exceeding $1.2 billion. According to Bloomberg, the merger is expected to close by Q3 2026, pending regulatory approval. NexaCorp’s CEO stated the acquisition will accelerate innovation and market reach in the competitive fintech sector. Analysts predict the combined entity will challenge major players like Stripe and Square.
Feb 17Verified by Sobiya
Tech Giant NexaCorp Acquires FinTech Leader PayStream in $4.8B Deal

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