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Tech Giant NovaCorp Acquires FinTech Startup PayWave for $1.2B

Summary

NovaCorp announced today its acquisition of fintech startup PayWave for $1.2 billion, marking one of the largest tech deals this year. The deal aims to expand NovaCorp’s digital pa

NovaCorp announced today its acquisition of fintech startup PayWave for $1.2 billion, marking one of the largest tech deals this year. The deal aims to expand NovaCorp’s digital payment services and enhance its AI-driven financial products. PayWave, known for its innovative contactless payment solutions, will operate as a subsidiary while integrating with NovaCorp’s platform. Bloomberg reports this acquisition strengthens NovaCorp’s position in the growing fintech market, projected to reach $1 trillion globally by 2028. The transaction is expected to close by Q2 2026 after regulatory approvals.
5d agoVerified by Vishvendra
Tech Giant NovaCorp Acquires FinTech Startup PayWave for $1.2B

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