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SSC Acquires Funds Network Calastone in Strategic £1bn Deal

A Major Move in the Digital Funds Transfer Landscape

Highlights:

  • SSC has successfully acquired Calastone for £1 billion.
  • The acquisition aims to enhance digital fund transfer capabilities.
  • This strategic move positions SSC as a leader in fintech solutions.

In a significant development for the financial technology sector, SSC has acquired Calastone in a deal valued at £1 billion. This strategic acquisition is set to bolster SSC’s digital capabilities in the funds transfer space, enhancing service offerings. The integration of Calastone’s technology will help SSC deliver more efficient solutions to its clients, indicating a strong commitment to innovation in the fintech landscape.

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