Republic Bank Limited has agreed to acquire a 19.99 percent equity stake in Caribbean FinTech Nobis BaaS Limited, a subsidiary of WiPay Holdings Limited, subject to regulatory approval.
According to the Jamaica Observer, Republic Bank has bought a 19.99 percent stake in Nobis BaaS, a subsidiary of WiPay Holdings.
WiPay Jamaica, a part of the WiPay Holdings group, yesterday announced the historic partnership between Republic Bank and WiPay Holdings, where Republic Bank has agreed to acquire a 19.99 per cent stake in WiPay Holdings’ subsidiary, Nobis BaaS.
Minister of Science, Energy and Technology, Fayval Williams (left), uses her WiPay armband to access the platform at the launch of the product at the AC Marriott Hotel in St. Andrew on Thursday (June 27). Looking on are media personality Terri-Karelle Reid; and Chief Executive Officer, WiPay, Aldwyn Wayne.
ONE of the senior officials of Trinidad & Tobago-based software company WiPay believes that Jamaicans will be better off working with the latest e-commerce technology that he insists will make things much easier for their small, medium, and large companies in their daily commercial activities.