Who owns Prosa Mexico?
Owned by a consortium of banks including Grupo Financiero Banorte (GFNORTEO.MX) and the local arms of HSBC (HSBA. L) and Banco Santander (SAN.MC), Prosa provides the infrastructure that facilitates more than half the payments in Mexico.
What is Prosa in Mexico?
Prosa operates a payments processor that processes 4.7 billion transactions annually in Mexico and Latin America, comprising more than half the transactions in that area. It handles America Express, Visa and Mastercard business.
What is Prosa payment?
Prosa operates a payments processor that processes 4.7 billion transactions annually in Mexico and Latin America, comprising more than half the transactions in that area. It handles America Express, Visa and Mastercard business.
Who owns Prosa?
Prosa is owned by a number of banks, including Grupo Financiero Banorte and the local arms of HSBC and Banco Santander. Reuters noted that an investment bank is in charge of shopping Prosa around. Sources spoke on condition of anonymity to discuss confidential matters. Prosa did not respond to requests for comment.
Is Prosa a buyer in 2021?
Posted on June 3, 2021. With Latin America a hot market for the expansion of digital payments, Mexico’s Prosa is looking for a buyer that will po ny up more than $1 billion, Reuters reported. Sources said that the sales process is attracting interest from a number of large payments and financial technology (FinTech) companies.