5 Acquisitions of Companies in the Mobile Payments Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Mobile 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 5 acquisitions that took place in the Mobile Payments industry.

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:

London, England, United Kingdom

Where to find them:

Industry:

Financial Services, Mobile, Mobile Payments

Details about the buyer:

Leading international retailers choose Bango as their go-to platform to make mobile payments available to everyone.

Headquarter:

Cambridge, Cambridgeshire, United Kingdom

Where to find them:

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:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

E-Commerce, Financial Services, FinTech, Mobile, Mobile Payments, Point of Sale, Software

Details about the buyer:

A variety of assurance plans are offered by the Indian insurance company Cholamandalam to both corporate and private clients.

Headquarter:

Chennai, Tamil Nadu, India

Where to find them:

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:

Baoan, Guangdong, China

Where to find them:

Industry:

Financial Services, Mobile Payments, Payments

Details about the buyer:

The People's Republic of China is the main market for the development and management of wholesale shopping malls by the investment holding firm Zall Group.

Headquarter:

Wuhan, Hubei, China

Where to find them:

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:

Tallinn, Harjumaa, Estonia

Where to find them:

Industry:

E-Commerce, Financial Services, Mobile, Mobile Payments, Payments

Details about the buyer:

A domestic financial group firm called LHV Ventures offers banking, financial counseling, and stock brokerage services.

Headquarter:

Tallinn, Harjumaa, Estonia

Where to find them:

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:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Financial Services, FinTech, Internet, Mobile Payments, Payments, Point of Sale, Virtual Currency

Details about the buyer:

Using its mobile application, Voyager provides a safe way to invest in cryptocurrencies and alternative coinage.

Headquarter:

Wilmington, Delaware, United States

Where to find them: