This strategic move targets the simplification of authentication processes for businesses, making it as easy as a Netflix subscription.

The acquisition supports Redeban’s goal to provide seamless, secure technological processes across various sectors including retail, fintech, and health.

The acquisition is viewed as crucial for Redeban to enhance its technological offerings to financial and non-financial entities, promising significant improvements in secure transactions and digital banking.

SoyYo‘s integration into Redeban is expected to introduce new solutions to the market, including advanced authentication services for e-commerce and open data, aiming to mitigate fraud and improve transaction efficiency.