Pesa Acquires UK’s Authoripay to Expand Global Remittance Capabilities

Pesa Acquires UK-Based Authoripay to Fast-Track European Fintech Expansion

Cross-border fintech startup Pesa has completed the acquisition of UK-licensed e-money issuer Authoripay Emoney Ltd. The deal, finalized at the end of 2024, positions Pesa, formerly known as Pesapeer, to deepen its footprint across Europe as regulatory hurdles push fintechs toward acquisition-led market entry.Launched in 2021 by Nigerian founders Tolu Osho, Yusuf Yakubu, and Adewale Afolabi, Pesa initially focused on enabling remittances from Ca…

Pesa, an African cross-border fintech acquires UK EMI, Authoripay

Six months later, Pesa (fka Pesapeer) has announced its acquisition of six-year-old Authoripay Emoney Ltd. Pesa is the trading name of Pesa Inc., a company registered as a Money Service Business in Canada and the US, also incorporated in Australia as Pesapeer Pty Ltd. Cofounders Tolu Osho, Yusuf Yakubu, and Adewale Afolabi launched Pesa in 2021 to provide remittance services from Canada to Nigeria. This allowed Canadian residents to send Canadia…

Pesa Acquires UK’s Authoripay to Expand Global Remittance Capabilities

Cross-border financial platform Pesa has announced its acquisition of Authoripay, a UK-based payment service provider. TORONTO, ONTARIO, CANADA, June 19, 2025 /EINPresswire.com/ -- Toronto-based cross-border fintech Pesa has acquired UK electronic money institution Authoripay Emoney, accelerating its plans to scale remittance and payment services across Europe. The deal marks a major milestone for the Canadian startup as it expands its regulator…