Meridien Holdings Stake in DKK Partners to Boost Expansion

Meridien Holdings Stake in DKK Partners to Boost Expansion

Meridien Holdings has announced its acquisition of a 27% stake in London-based fintech firm DKK Partners. This investment aims to bolster DKK’s efforts in emerging markets (EM) and foreign exchange (FX) liquidity, facilitating the company’s global growth trajectory.

DKK’s global footprint includes offices in key markets such as London, Dubai, Ghana, Nigeria, Cameroon, and Senegal. The new investment from Meridien Holdings will further accelerate this expansion, which will have support from an alliance that enhances global payment, banking, and FX liquidity capabilities.

Meridien Holdings Stake in DKK Partners to Boost Expansion

As part of the agreement, DKK Partners will receive shares in Meridien Holdings along with a significant cash injection, enabling rapid growth. This partnership aligns with Meridien’s strategy of acquiring and integrating financially regulated institutions across various geographies, merging traditional finance (TradFi) with decentralized finance (DeFi) to create a seamless value transfer system within the Meridien ecosystem.

Khalid Talukder, co-founder of DKK Partners, expressed enthusiasm about the partnership: “This is a pivotal moment for our business, and it’s a real honor to partner with Meridien as we enter our next phase of growth. Both businesses have shared values and a commitment to excellence, and we’re thrilled to be working to build a truly disruptive global brand that will redefine the payments industry.”

Erik Lara Riveros, CEO of Meridien Holdings, also commented on the strategic fit of the partnership: “DKK has an incredible growth story, a fantastic customer base, and a scalable business model. Alongside their strategic partnership with Seed Group, they are a game-changing VASP in the region. The partnership with DKK, combined with our other acquisitions of listed and regulated financial institutions, positions Meridien perfectly for its upcoming NYSE listing and drives our goal of creating a revolutionary business model in global payments, banking, and correspondent services.”

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