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Tech Giant NovaCorp Acquires FinTech Leader PayWave in $12B Deal

Summary

NovaCorp announced today its acquisition of PayWave, a leading fintech company, in a $12 billion all-cash deal. The merger aims to expand NovaCorp’s digital payment services global

NovaCorp announced today its acquisition of PayWave, a leading fintech company, in a $12 billion all-cash deal. The merger aims to expand NovaCorp’s digital payment services globally. According to Bloomberg, the deal is expected to close by Q3 2026 after regulatory approvals. PayWave’s user base of over 150 million customers will integrate with NovaCorp’s cloud platform, enhancing cross-border payment efficiency. Industry analysts say this acquisition marks one of the largest in the fintech sector this year, signaling increased consolidation in digital finance.
Feb 16
Tech Giant NovaCorp Acquires FinTech Leader PayWave in $12B Deal

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