Singapore's TipTopPay acquired the Kazakh company CloudPayments

On November 23, the Singaporean company TipTopPay signed an agreement to acquire the Kazakh online payment service CloudPayments.

The main focus of CloudPayments Kazakhstan is online payments for online stores and web services. The platform provides international internet acquiring and processes 30 world currencies. More than 500 corporate clients use its services.

Under the terms of the deal, CloudPayments Kazakhstan was renamed TipTopPay Kazakhstan. Vladimir Dzhabarov, who has many years of experience managing FinTech companies, was appointed as the General Director. All obligations to clients remain unchanged. Under the new brand, the company will continue to provide internet acquiring services and will develop payment technologies.

Source: tadviser.com