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Fintech Waave exits in acquisition by UK payments platform Banked
- UK payments platform Banked has acquired Australian fintech Waave.
- The acquisition allows Banked to enter the Australian market and expand its global payments network.
- Waave offers a lower-cost direct debit alternative to card payments using the consumer data right (CDR).
- Waave's real-time payments technology is embraced by leading local retailers.
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