DNA Payments Group, a payment service run by its founders Arif Babayev and Nurlan Zhagiparov from Kazakhstan, has reached a deal with Alchemy Partners. This private investment company from the U.K. wants to pour £100 million into the business of DNA.
DNA provides payment services for more than 45,000 merchants, including big online and offline retailers and small- and medium-sized businesses. Every month, DNA clients have been making about 20 million transactions for more than £600 million.
According to DNA Payments Group founders, the company has managed to expand its business by adding to its system a list of new...