London payments firm acquires independent sale company after "truly transformative" year
A London payments company has announced its acquisition of a UK independent sale organisation after a “truly transformative” year.
DNA Payments Group (DNA) has acquired Active Merchant Services (Active Payments), a UK-based independent sales organisation with more than 2,500 merchants.
The acquisition, which follows a 50 per cent growth of estate in 2020, boosts DNA’s customer base to approximately 30,000 merchants and 57,000 terminals across Europe.
It is the company’s third acquisition in the last 14 months, and is part of its plans to expand into “core markets”.
Nurlan Zhagiparov, director of DNA Payments, commented: “We are welcoming Active Payments to DNA’s group.
“In late 2019, DNA acquired the CR7 Group of companies and turned it into profitability in 6 months.
“Despite the global Covid-19 pandemic, the year of 2020 was truly transformative for the group as we added acquiring services, industry leading e-comm proposition, Pay by Link, Pay by Bank and many other payment methods which help our customers to operate even during lockdowns.
“DNA Payments Group’s estate has organically grown by more than 50 per cent in 2020.
“We are tier agnostic and serve our SME customers through one of the UK’s oldest Independent Sales Organisations - 123 Send.
“Now, Active Payments’ customers will have access to our amazing service propositions and product set, we look forward to the great future in 2021 and beyond.”
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