EML Payments Limited yesterday said it acquired Presend Prepaid Solutions (Presend Nordic AB), "a leading provider of non-reloadable solutions for shopping malls and city/town programs in Europe, principally in the Nordic and Baltic regions." EML said that "to date Presend has only had access to non-reloadable products however, moving forward it will have access to the full range of EML products, including reloadable, mobile and virtual programs". EML added  that it expected the "combined benefit of these synergies" would lift their EBTDA from A$0.5 million to $1.0 million in FY19, and to between $1.6 and $2 million in FY20.