Senjo Group, a Singapore-based FinTech investor, has acquired Kalixa Payments Group and its subsidiaries from GVC Holdings.

The deal includes Kalixa’s subsidiaries, including Kalixa Accept, Kalixa Services and PXP Solutions.

The transaction will help Kalixa to accelerate its geographical expansion and provide long-term support to enhance its payment platform, bringing further innovative solutions to its customers and partners.

Kalixa CEO Kamran Hedjri said: “We look forward to working closely with Senjō Group to accelerate our business growth and expansion into the APAC region.

“Our innovative technology and expertise across the payment value chain combined with Senjō’s strong financial backing and know-how will help us build a global footprint and further disrupt the payment space.”

Senjo Group’s portfolio consists of 19 start-ups in payments, e-commerce, remittances, trading and factoring.