Eurowag to acquire a minority stake in JITpay.

Eurowag, a payment processing company, agreed to acquire a minority stake in JITpay, a logistics payment processing firm. Financial terms were not disclosed. "Together, JITpay and Eurowag want to build a comprehensive digital ecosystem for small and medium-sized transport companies. In the medium term, we will jointly create a new, digital industry standard for companies in the logistics sector. By entering into this strategic partnership, we are focusing on the systematic expansion of our market position in Europe,” Daniel Steinke, JITpay Founder and CEO.