Oliver Wyman announces acquisition of Innopay

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Oliver Wyman, a management consulting firm and a Marsh McLennan business, has announced the completion of its acquisition of InnoPay.

The firm said that Innopay enhances Oliver Wyman’s existing payments consulting capabilities. Innopay provides strategy, scheme development, and execution services in the areas of digital payments, open finance, digital identity, and data sharing. Their services provide an end-to-end payment solution to assist businesses and organizations in identifying and capitalizing on digital opportunities.

Innopay has joined Oliver Wyman as a specialist consulting firm for the group’s European region. It continues to operate in the Netherlands and Germany, with locations in Amsterdam and Frankfurt. The terms of the transaction were not disclosed.

Read More: Oliver Wyman closes Innopay acquisition

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