Qenta has acquired Pipit Global, a B2B cross-border payments platform, for an undisclosed sum.  

This move is expected to extend Qenta’s reach in the international payments market, leveraging Pipit’s network of over one million pay-in points and mobile money system integrations. 

Pipit Global’s infrastructure, which spans across Africa, Latin America, and Europe, will be integrated with Qenta’s existing services.  

This move aims to accelerate the provision of cash, mobile money, and compliant digital payments on a global scale. 

Pipit Global co-founder Ollie Walsh has been appointed as the president of Qenta.  

Walsh will lead the platform’s expansion efforts, drawing on his experience in achieving a network of over one million pay-in points and connecting with 300 million mobile money accounts. 

The acquisition brings additional expertise to Qenta, with four key Pipit Global team members joining the company, including Co-founder and Chief Technology Officer Rory Ryan. 

Qenta president Ollie Walsh said: “Cross border payments have long been far too expensive, slow, and inaccessible, particularly for migrants or those without banking services. We saw clear alignment between our thesis of financial inclusion and the mission of Brent de Jong and Qenta. Together, we are delivering the financial services that people need, without sacrificing crucial security, compliance, or transparency standards.” 

Qenta chairman Brent de Jong stated: “This acquisition accelerates our vision of building an inclusive, blockchain-powered financial ecosystem that works for everyone, from those with minimal bank access to multinational enterprises. The Pipit team brings the experience and values that align with Qenta’s global ambitions of building a resilient worldwide infrastructure.” 

Under the guidance of Brent de Jong, Qenta aims to build a financial technology platform that bridges traditional financial infrastructure with blockchain and artificial intelligence. 

Qenta, which specialises in serving remittance networks and migrant communities, facilitates payment methods including cash, mobile money, APMs, and bank transactions in over 45 countries.  

The company’s strategy involves the use of blockchain technology to expand its services, enabling businesses and individuals to transfer funds internationally.