Western Union Acquires 15% Stake, Valued at $200 Million, in Saudi Arabia’s Telecom’s Digital Payments Unit, STC Pay

Western Union (NYSE: WU) has reportedly acquired a 15% stake in Saudi Arabia’s Telecom’s digital payment division. Western Union, which is notably the largest money transfer company in the world, has confirmed that it has purchased a $200 million (or 15%) stake in the online… Read More
Read more in: Fintech, Asia, Global | Tagged acquisition, digital payments, mena, mena region, middle east, saudi, saudi arabia, stc pay, telecoms, western union