XMDS acquires self-service payment provider KUARIO as next steppingstone in building a comprehensive European payments platform. Kuario offers a cloud-based platform that simplifies financial management by enabling app-based payment transactions.
This strategic acquisition strengthens XMDS’s position in closed-loop and hybrid payment solutions across Europe. Kuario’s innovative technology enables seamless digital payments through mobile applications, serving businesses and institutions that require flexible, secure transaction processing.
The acquisition brings together Kuario’s expertise in app-based payments with XMDS’s deep knowledge in financial technology and fare collection systems, creating new opportunities for growth in the European payments landscape.