Luno acquires Kenyan fintech GTXN to build owned cross-border settlement infrastructure

Cryptocurrency exchange Luno has acquired GTXN, a Kenyan cross-border payments provider and licensed fund manager, in an undisclosed transaction. The deal provides Luno with fully owned, regulated infrastructure to execute cross-border capital transfers between developed and emerging markets, bypassing traditional intermediary banking networks. Under the terms of the acquisition, GTXN’s licensed collection and payout rails will be integrated into Luno’s global network.