In an interview by FXC Intelligence’s, Daniel Webber, our CEO, Alberto Guerra, shared strategic insights into the acquisition of More Payment Evolution, which was finalized in August 2024. This milestone not only marks our evolution as a cross-border payments provider, but significantly expands our infrastructure and capabilities across the globe.
In the interview, Mr. Guerra explains that UniTeller’s growth strategy has long been focused on global expansion, product diversification, and digital enablement. The integration of More PE directly supports all three pillars.
Before this acquisition, UniTeller was licensed primarily in the U.S., Canada, Mexico, Guatemala, and the Philippines. With the addition of More PE, we’ve grown our licensed footprint to 15 countries, including key markets in Europe, South America, and Africa, providing new corridors and enhanced reach. Our service network now supports origination and payout capabilities across more than 120 countries.
Mr. Guerra goes on to explain the role of the merger in accelerating UniTeller’s position in business payments. More PE brings capabilities in pay-in services and API-based B2B integrations, allowing UniTeller to serve small and medium-sized businesses as well as enterprise clients with more robust digital tools. With these combined strengths, UniTeller is now positioned to support cross-border business payments throughout the Americas, Europe, and beyond.
In addition, Mr. Guerra highlights the acquisition’s impact on the institutional side. It also accelerates our ability to scale digital consumer channels like our flagship app, uLink, and our White Label Turnkey Solutions.
He also emphasized on global trends like mobile wallet growth, digitalization, financial inclusion, and the evolution from P2P to B2B payments. With this acquisition, UniTeller is not just reacting to industrial changes, we’re enabling them. By embedding our infrastructure in new regions, forging new partnerships, and expanding our product mix, we’re laying the groundwork for a more inclusive and efficient global payments ecosystem.
Read the full article at https://www.fxcintel.com/research/reports/ct-uniteller-more-payment-evolution-acquisition
