News Tag: Neovia Financial
December 2, 2008
Online payments provider, Neovia Financial, has acquired IDT Corporation’s European Prepaid Payment Services Division for a total cash consideration of $15.05 million (£10 million), which includes $10 million of banking regulatory capital.
The agreement will create one of Europe's largest independent pre-paid debit card businesses.
The deal is for the entire issued share capital of IDT Financial Services Holdings Limited and certain ...
Neovia Financial in pre-paid payment services acquisition
by Kay Murchie
