14 Acquisitions in the Payments industry
Company acquisitions in the Payments industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 14 acquisitions that took place in the Payments industry.
CBI acquired by Converge Technology Partners
Details about the transaction:
Acquisition amount: $47,000,000
Announcement: 1 April 2022
Details about the company:
CBI is an IT firm dedicated to risk management and data security for enterprises.
Headquarter:
Where to find them: Website
Industry: Cloud Infrastructure, Cloud Security, Cyber Security, Information Technology, Payments, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Coinify acquired by Voyager
Details about the transaction:
Acquisition amount: $84,000,000
Announcement: 2 August 2021
Details about the company:
accepting bitcoin payments and buying cryptocurrency to assist businesses in accelerating expansion.
Headquarter:
Where to find them: Website
Industry: Financial Services, FinTech, Internet, Mobile Payments, Payments, Point of Sale, Virtual Currency
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Desetech Systems acquired by VeoShop
Details about the transaction:
Acquisition amount: $2,500,000
Announcement: 21 July 2022
Details about the company:
A Dominican technology and media business committed to the development of metaverse technology is called Desetech Systems SRL.
Headquarter:
Where to find them: Website
Industry: Cryptocurrency, Film Production, Information Technology, Media and Entertainment, Payments, Software, TV Production, Video Streaming
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
DOCOMO Digital acquired by Bango
Details about the transaction:
Acquisition amount: $4,015,266
Announcement: 31 August 2022
Details about the company:
NTT DOCOMO's international payments division facilitates mobile commerce for digital companies.
Headquarter:
Where to find them: Website
Industry: Financial Services, Mobile, Mobile Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
EveryPay acquired by LHV Ventures
Details about the transaction:
Acquisition amount: $8,744,202
Announcement: 4 March 2022
Details about the company:
Payment gateway EveryPay provides intelligent payment options.
Headquarter:
Where to find them: Website
Industry: E-Commerce, Financial Services, Mobile, Mobile Payments, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Invenco Group Limited acquired by Vontier
Details about the transaction:
Acquisition amount: $80,000,000
Announcement: 4 August 2022
Details about the company:
Invenco, which has its headquarters in the US, UK, Malaysia, and New Zealand, is a leading global provider of self-service payment solutions.
Headquarter:
Where to find them: Website
Industry: Information Services, Information Technology, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Nomad Payments acquired by Metavante Technologies, Inc
Details about the transaction:
Acquisition amount: $56,784,360
Announcement: 10 January 2008
Details about the company:
Leading provider of licensed software and processing services for prepaid and debit cards is Nomad Payments.
Headquarter:
Where to find them: Website
Industry: Credit Cards, Payments, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Payment Assist acquired by Openpay
Details about the transaction:
Acquisition amount: $28,500,000
Announcement: 22 June 2021
Details about the company:
With no interest and simple monthly installments, Payment Assist offers a fix your car now, pay later alternative.
Headquarter:
Where to find them: Website
Industry: Billing, Financial Services, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Payswiff acquired by Cholamandalam
Details about the transaction:
Acquisition amount: $60,305,596
Announcement: 18 January 2022
Details about the company:
The top omni channel transactions solution provider for small, medium, and big businesses in India is PaySwiff.
Headquarter:
Where to find them: Website
Industry: E-Commerce, Financial Services, FinTech, Mobile, Mobile Payments, Point of Sale, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Rapid Financial Solutions acquired by Socrata
Details about the transaction:
Acquisition amount: $68,000,000
Announcement: 27 October 2022
Details about the company:
The prepaid card industry's program manager and card processor is Rapid Financial Solutions.
Headquarter:
Where to find them: Website
Industry: Apps, Financial Services, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Rewire acquired by Remitly
Details about the transaction:
Acquisition amount: $80,000,000
Announcement: 16 August 2022
Details about the company:
Rewire is a fintech firm that creates international internet banking cross-platform solutions for migrants.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services, FinTech, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Roqqett acquired by Equals Group
Details about the transaction:
Acquisition amount: $2,690,930
Announcement: 28 November 2022
Details about the company:
A fintech firm and financial services provider is called Roqqett.
Headquarter:
Where to find them: Website
Industry: Finance, Financial Services, FinTech, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Sinocan acquired by Zall Group
Details about the transaction:
Acquisition amount: $15,465,361
Announcement: 7 April 2016
Details about the company:
Sinocan offers specialized mobile payment and intelligent payment solutions.
Headquarter:
Where to find them: Website
Industry: Financial Services, Mobile Payments, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Transact Europe acquired by GreenBox POS
Details about the transaction:
Acquisition amount: $28,000,000
Announcement: 6 April 2022
Details about the company:
The electronic money organization Transact Europe EAD (TEU), with its headquarters in Sofia, Bulgaria, is governed by the EU.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
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