Skrill Finalises Acquisition Of Ukash

But is about to itself be acquired by Neteller parent group Optimal Payments

Following a deal reached in November last year, online e-cash processor Skrill (formerly Moneybookers) has finalised the acquisition of virtual cash voucher provider Ukash.
In something of a corporate merry-go-round Skrill is itself about to be acquired by Neteller parent group Optimal Payments (see previous InfoPowa reports).
Ukash CEO David Hunter is to step down after five years at the helm of Ukash, but said this week that the acquisition of Ukash would extend the scale and reach of Skrill's Paysafecard, which will now be able to further expand digital payments across both established and emerging markets.
David Sear, CEO of Skrill Group, confirmed that the deal will extend his company's reach.

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,449


The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

See More Posts