Scalapay completed the acquisition of Cabel IP.

Scalapay, an innovative payment method provider, completed the acquisition of Cabel IP, an e-money and payment system services provider. Financial terms were not disclosed. "This license means that merchants can now integrate Scalapay via their payment service provider. We have a long waiting list of merchants who want to integrate our solutions through their PSP. Many of them are looking for an alternative BNPL solution that has a higher level of awareness and offers more value to merchants," Simone Mancini, Scalapay CEO.