Qenta acquires Pipit Global to boost cross-border payments and inclusion

By Gloria Methri

Qenta, a global payments and financial technology company, has acquired Pipit Global, a B2B cross-border payments platform operating in more than 45 countries. The move expands Qenta’s reach in emerging markets and enhances its infrastructure for digital and cash-based remittance services.

The acquisition gives Qenta access to over 1 million international pay-in points and establishes integrations with mobile money systems across Africa, Latin America, and Europe. This development aims to accelerate global access to compliant digital payments, mobile money, and cash solutions, particularly for underserved communities and migrant populations.

Ollie Walsh, Co-founder of Pipit Global, has been appointed President of Qenta, where he will lead the platform’s global expansion. Four additional team members from Pipit, including CTO and Co-founder Rory Ryan, will join Walsh at Qenta as the company looks to integrate Pipit’s capabilities into its broader financial ecosystem.

Qenta has built a reputation for serving remittance networks and migrant communities, facilitating various payment channels including cash, mobile money, alternative payment methods (APMs), and bank transfers. The integration of Pipit’s infrastructure complements Qenta’s existing strengths and bolsters its ability to offer faster, secure, and cost-efficient cross-border transactions.

“Cross-border payments have long been far too expensive, slow, and inaccessible, particularly for migrants or those without banking services,” said Ollie Walsh, President of Qenta. “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 aims to bridge traditional financial infrastructure with emerging technologies, including blockchain and artificial intelligence, promoting more inclusive and resilient monetary systems.

“Payments keep us internationally connected, and ensuring these networks are efficient, accessible, and secure is paramount to our work at Qenta,” said Brent de Jong, Chairman of Qenta. “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.”