MV Holding announced the successful exit from its investment in Yazara, transferring ownership to Global Payments. This strategic move highlights MV Holding’s commitment to continuously evolving its investment portfolio and focusing on new growth opportunities.

Yazara, based in New York, has firmly established itself as a leader in the software development sector, particularly in the SoftPOS and payment acceptance markets. The company is renowned for being the first to offer a PIN solution and has successfully completed over 35 projects worldwide. Yazara’s innovative technology supports more than 80,000 active SoftPOS applications in the field. Additionally, Yazara has been recognized as a Mobile Payments on COTS (MPoC) certified vendor by the Payment Card Industry Security Standards Council (PCI SSC).

MV Holding’s investment in Yazara has been instrumental in driving the company’s growth and technological advancements. The exit to Global Payments is expected to further enhance Yazara’s capabilities and market reach, ensuring continued success in the dynamic payments industry.

Global Payments Inc. is an American multinational financial technology company specializing in providing payment technology and services to merchants, issuers, and consumers. In June 2021, Global Payments was named to the Fortune 500 list, highlighting its significant market presence. The company processes a wide range of payment methods, including credit cards, debit cards, and digital and contactless payments.