UAE's National Pulse invests in Singapore's Aleta Planet for expansion in ME, Africa, and B2B cross-border transactions.

UAE's National Pulse strategic management company invests in Singapore-based fintech firm Aleta Planet, aiming for expansion in the UAE, Middle East, and Africa. Aleta Planet facilitates global payments, including those via China's UnionPay, and plans to hit $6bn in cross-border payments within 12 months. The partnership will create a joint-venture company focusing on business-to-business cross-border transactions in agri-trade and logistics sectors in the Middle East.

August 01, 2024
4 Articles