Aleph Acquires Controlling Stake in Localpayment
October 9, 2024
Aleph has acquired a controlling equity interest (majority stake) in Localpayment, a fast-growing Latin American payment service provider, rebranding it as Localpayment by Aleph. The deal lets Aleph integrate local payment processing (640+ methods across 17 LATAM countries) with its digital advertising capabilities to expand its payments offering and accelerate growth in emerging markets.
- Buyers
- Aleph Group, Inc (Aleph)
- Targets
- Localpayment (now Localpayment by Aleph)
- Industry
- Payments & Fintech
- Location
- Argentina
- Transaction Type
- Buyout
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