UTP Group: Purchases Wellet’s business in Spain
- UTP Group has agreed to acquire the Spanish customer base of German company Wellet GmbH
- Wellet is a card payment app that was launched in Germany and Spain in April 2021
- The acquisition of Wellet’s Spanish customer portfolio will accelerate Group’s expansion in the region
- Wellet customers in Spain will be migrated to tapeeno in the coming weeks
- The acquisition will enable Spanish customers to benefit from tapeeno’s Faster Processing technology
- Wellet customers in Spain will be contacted in the coming days with further information
