The Payments Group Holding GmbH & Co. KGaA has received approval from the Malta Financial Services Authority (MFSA) for its acquisition of The Payments Group. This marks a significant milestone in transforming The Payments Group Holding into an operational PayTech company. The acquisition includes four cooperating FinTech and PayTech companies, notably the MFSA-licensed e-money institution Calida Financial Ltd. With the MFSA's approval, the key condition precedent for the purchase agreement of a 75% stake in The Payments Group has been fulfilled. This development follows a lengthy review process, paving the way for the transaction's closure anticipated in the summer of 2025.
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