TransNetwork, a B2B payments infrastructure platform, has acquired Inswitch, a provider of embedded finance technology, to enhance its digital product suite for cross-border payments in Latin America. This acquisition combines TransNetwork’s instant money movement capabilities with Inswitch’s API-based financial technology solutions, enabling the company to offer a comprehensive range of products including digital wallets, cross-border and domestic payments, and card issuance and processing. The merger aims to facilitate the transition from cash to digital financial services and provide real-time, secure financial solutions across borders, strengthening both companies’ positions in the U.S. and Latin American markets.
TransNetwork Acquires Inswitch to Drive the Future of Banking and Cross-Border Digital Payments in Latin America