NYK has agreed to acquire 100% of Kadmos Holding, a fintech enterprise from Germany that offers end-to-end salary payment solutions for seafarers.

Founded in 2021, Kadmos serves shipowners and crew members with digital tools for global payroll management.

NYK’s existing platform, MarCoPay, launched in 2019 in the Philippines, provides financial services tailored to Filipino seafarers. By integrating the two platforms, NYK will offer a unified solution for seafarers of all nationalities.

This move aims to enhance financial access, promote welfare at sea, and help to further position NYK as a leading provider of digital salary services in maritime logistics.

NYK additionally wants to play a role in potentially driving market-wide adoption of the joint products and simultaneously advancing the overall well-being of the maritime industry’s essential workforce.

www.nyk.com

www.kadmos.io