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Tapi buys Mastercard's Arcus assets for Mexico push
Tapi buys Mastercard's Arcus assets for Mexico push

Finextra

time30-06-2025

  • Business
  • Finextra

Tapi buys Mastercard's Arcus assets for Mexico push

Argentinian payments processor tapi has acquired the utility payments and cash handling operations of Mastercard's Mexican business Arcus. 0 Tapi says it has bought Arcus's utility payments, mobile top-ups, gift cards, and cash in/out operations as part of its strategy to expand its presence in Mexico. Last year, the startup raised $22 million in funding to bankroll its push into Mexico, with CEO Tomas Mindlin saying at the time that the country is "very important for us". The deal also boosts tapi's offering to the banks, fintechs, merchants, and service companies it works with in Argentina, Chile, Colombia, and Peru. 'Integrating Arcus' cash and utility payment capabilities into the tapi ecosystem represents a turning point in our journey as a company," says Mindlin. Mastercard, which bought Arcus in 2021, will maintain the brand and its capabilities to enable payment processing, settlement, and reconciliation through Mexico's Interbank Electronic Payment System.

EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas
EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas

Associated Press

time25-06-2025

  • Business
  • Associated Press

EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas

MEXICO CITY, June 25, 2025 /PRNewswire/ -- EDAN Instruments, Inc. ( a healthcare company and medical device manufacturer, officially celebrated the opening of its new subsidiary, EDAN MEDICAL MÉXICO S de R.L. de C.V., with a ribbon-cutting ceremony held last Wednesday in Mexico City. The event marked a significant milestone in EDAN's expansion across the Americas. 'With subsidiaries already operating in the U.S. and Peru, our presence in Mexico completes our strategic footprint across the Americas,' said Ray Lun, Director of the Americas market of EDAN, at the cocktail reception following the ceremony. 'Mexico holds a central role in the region's healthcare landscape, not only geographically, but in terms of clinical demand and innovation potential. Establishing a local base here enables us to deliver solutions more efficiently, build stronger connections with frontline professionals, and support long-term growth with greater agility.' 'This strategic base also strengthens our ability to serve surrounding countries including El Salvador, Guatemala, Honduras, and Nicaragua, as well as the Caribbean region,' he added. 'It opens new pathways for collaboration and helps us bring value to more healthcare systems across Central America.' As one of the largest economies in Latin America, Mexico plays a pivotal role in regional healthcare development. The country's evolving public and private healthcare systems, along with increasing demand for accessible, high-quality medical technologies, make it an ideal location for EDAN's localized operations. By establishing a dedicated team on the ground, EDAN aims to deepen market penetration, strengthen after-sales support, and ensure timely, tailored service across different regions and clinical segments. From urban hospitals to rural care facilities, the team's mission is clear: to serve more precisely, respond more rapidly, and support every layer of the healthcare system with professionalism and care. As EDAN approaches its 30th anniversary in 2025, the founding of EDAN Mexico reflects the company's long-term vision to build local relevance while contributing to a more connected and capable healthcare ecosystem across the Americas. About Edan Instruments, Inc. EDAN is dedicated to improving the human condition around the world by delivering value-driven, innovative, and high-quality medical products and services, pioneering a comprehensive line of medical solutions that address a broad range of healthcare practices including Patient Monitoring,Diagnostic ECG, OB/GYN, Ultrasound Imaging, Point-of-Care Testing, In-Vitro Diagnostics, and Animal Care. View original content to download multimedia: SOURCE EDAN Instruments, Inc.

EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas
EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas

Yahoo

time25-06-2025

  • Business
  • Yahoo

EDAN Establishes Mexico Subsidiary to Strengthen Presence in the Americas

MEXICO CITY, June 25, 2025 /PRNewswire/ -- EDAN Instruments, Inc. ( a healthcare company and medical device manufacturer, officially celebrated the opening of its new subsidiary, EDAN MEDICAL MÉXICO S de R.L. de C.V., with a ribbon-cutting ceremony held last Wednesday in Mexico City. The event marked a significant milestone in EDAN's expansion across the Americas. "With subsidiaries already operating in the U.S. and Peru, our presence in Mexico completes our strategic footprint across the Americas," said Ray Lun, Director of the Americas market of EDAN, at the cocktail reception following the ceremony. "Mexico holds a central role in the region's healthcare landscape, not only geographically, but in terms of clinical demand and innovation potential. Establishing a local base here enables us to deliver solutions more efficiently, build stronger connections with frontline professionals, and support long-term growth with greater agility." "This strategic base also strengthens our ability to serve surrounding countries including El Salvador, Guatemala, Honduras, and Nicaragua, as well as the Caribbean region," he added. "It opens new pathways for collaboration and helps us bring value to more healthcare systems across Central America." As one of the largest economies in Latin America, Mexico plays a pivotal role in regional healthcare development. The country's evolving public and private healthcare systems, along with increasing demand for accessible, high-quality medical technologies, make it an ideal location for EDAN's localized operations. By establishing a dedicated team on the ground, EDAN aims to deepen market penetration, strengthen after-sales support, and ensure timely, tailored service across different regions and clinical segments. From urban hospitals to rural care facilities, the team's mission is clear: to serve more precisely, respond more rapidly, and support every layer of the healthcare system with professionalism and care. As EDAN approaches its 30th anniversary in 2025, the founding of EDAN Mexico reflects the company's long-term vision to build local relevance while contributing to a more connected and capable healthcare ecosystem across the Americas. About Edan Instruments, Inc. EDAN is dedicated to improving the human condition around the world by delivering value-driven, innovative, and high-quality medical products and services, pioneering a comprehensive line of medical solutions that address a broad range of healthcare practices including Patient Monitoring, Diagnostic ECG, OB/GYN, Ultrasound Imaging, Point-of-Care Testing, In-Vitro Diagnostics, and Animal Care. View original content to download multimedia: SOURCE EDAN Instruments, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Worldpay takes on domestic acquiring in Colombia
Worldpay takes on domestic acquiring in Colombia

Finextra

time22-05-2025

  • Business
  • Finextra

Worldpay takes on domestic acquiring in Colombia

Worldpay, a global industry leader in payments technology and solutions, is continuing its expansion into the Latin American market with new domestic acquiring capabilities in Colombia. 0 This expansion further adds to its geographical reach in the region, where it already supports some of the largest merchants across Argentina, Brazil and Mexico. 'Our vision to unleash the potential of every business means breaking down barriers for global merchants while enabling access to the rest of the world for local players, which is why extending our presence in countries like Colombia is a key focus for us,' said Gabriel de Montessus, group president of global enterprise at Worldpay. 'Colombia has one of the fastest growing e-commerce markets in Latin America. It presents significant opportunities for local businesses to expand, as well as for international brands to serve Colombian consumers. Worldpay is bringing key solutions to Colombia including its advanced e-commerce payments technology, multi-layered fraud protection, 3D secure and secure customer authentication, authorization, clearing and settlement, dispute management and data insights. The company's presence in the market will benefit Colombian-based merchants looking to operate internationally with access to Worldpay's extensive global payment network. Montessus continued, 'Our ambition is to be the payments partner these businesses need in order to power their growth, supporting them by coupling our global reach and revenue-enhancing solutions with the industry leading global and local expertise, tailored to our merchants' needs.' In addition to bringing global payments expertise to the country, Worldpay has a local team in Colombia to support regional businesses as well as global businesses with presence in Colombia. Local Worldpay payments experts will help businesses develop tailored payments strategies informed by data insights and regional understanding of payments preferences, opening access to Colombia's e-commerce and digital wallet growth. Worldpay's expansion into Colombia follows its recent expansion in the Mexico and is part of the company's strategic plan to enhance the global reach of its domestic merchant acquiring presence and capabilities. As a leading payments services provider, Worldpay now powers payments and local processing in 69 markets globally with domestic acquiring capabilities, giving in-country and international businesses a host of advanced technology to deliver experiences consumers expect at checkout.

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