Qenta, a Texas-based payments company, has announced its acquisition of Pipit Global, an Ireland-based business-to-business cross-border payments platform.

With this acquisition, Qenta gains access to Pipit’s network of over one million pay-in points and its established integrations with mobile money systems across Africa, Latin America, and Europe.

Pipit’s Co-Founder, Ollie Walsh, has been appointed President of Qenta and will oversee the platform’s expansion efforts.

The integration of Pipit’s infrastructure is expected to support Qenta’s goal of improving access to cash, mobile money, and regulated digital payments on a global scale.

Qenta serves remittance networks and migrant communities by enabling transactions via cash, mobile money, alternative payment methods, and bank transfers across multiple regions.

The company integrates regional financial systems with blockchain technology to facilitate faster and more secure transfers, while aiming to reduce the costs associated with international payments.

“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.”

Walsh was motivated to address inefficiencies in remittance systems after his own experiences moving from Ireland to England.

Under his leadership, Pipit developed a global network comprising over one million pay-in points and 300 million mobile money accounts, maintaining a strong focus on compliance and fraud prevention.

He joins Qenta alongside four other key team members, including Pipit’s co-founder and Chief Technology Officer, Rory Ryan.

The acquisition marks the start of a new phase for Qenta as it looks to develop a financial technology platform that bridges traditional systems with blockchain and artificial intelligence.

The company intends to use its expanded capabilities to improve financial access and support regions seeking to modernise outdated infrastructure.

Featured image credit: edited from freepik