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Tutuka

Can a card issuing processor focused on emerging markets become a global scale issuer-processor by consolidating with Paymentology?

HQSouth Africa
IndustryInfrastructure / Card issuing
The story

Tutuka was a card issuing and processing platform operating primarily in emerging markets, particularly Africa and Asia. It merged with Paymentology in 2022 to form a combined global issuer-processor with reach across 49 countries, positioning the combined entity as a dominant card processing infrastructure provider in underserved markets.

Last 12 months
Product timeline
2022
Tutuka merged with Paymentology to create what was described as the world's first global issuer-processor spanning 49 countries.· acquisition
The stack
Card issuing
Paymentology
Accounting gap: none