💨 Abstract

Aleph, a leading digital marketing ecosystem, has acquired a controlling stake in Localpayment, a fast-growing Latin American Payment Service Provider (PSP). The deal aims to integrate digital advertising solutions with seamless local payment capabilities, creating a network effect. Aleph will leverage its relationships with top digital platforms like Amazon and Google to grow Localpayment's payments solution, while Localpayment's API supports 640 local payment methods across 17 countries.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖