Santander's PagoNxt acquires 70% stake in tech partner MIT - NewsBreak

Banco Santander's payment fintech, PagoNxt, has acquired 70% of its Mexican tech partner Mercadotecnia, Ideas y Tecnología (MIT) as part of its strategy to expand its merchant payments business globally under the Getnet brand. MIT was founded in 2004. It has over 35,000 customers and 125,000 retail locations that process...