Acquiring Company
Payment Asia Group
Acquired Company
Motion Pay
China
CanadaFinancial ServicesPaymentsFintechFinancial ServicesPaymentsFintechDescription
Payment Asia Group has completed the acquisition of Motion Pay, strengthening its presence in Canada. This strategic move enhances AlphaPay's payment capabilities and compliance foundation. The integration will support merchants across key sectors in Canada. The acquisition marks an important milestone in the Group's global expansion strategy.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Motion Pay?
Motion Pay was acquired by Payment Asia Group, based in China. The deal was reported on August 19, 2026. Payment Asia Group is a diversified fintech holding company. It focuses on expanding payment services and cross-border capabilities. The company aims to build a connected, compliant payment ecosystem. Payment Asia Group is privately held and operates in Financial Services.
When did Payment Asia Group acquire Motion Pay?
Payment Asia Group's acquisition of Motion Pay was reported on August 19, 2026. Payment Asia Group has completed the acquisition of Motion Pay, strengthening its presence in Canada. This strategic move enhances AlphaPay's payment capabilities and compliance foundation. The integration will support merchants across key sectors in Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Motion Pay do?
Motion Pay is a payment service provider based in Canada. It has an established merchant network and operational expertise. The company offers integrated payment solutions catering to diverse customer segments. It is privately held, operating in Financial Services, and is based in Canada.