M&A Deal Summary

Lynx Global Digital Finance Acquires DA5

On March 16, 2021, Lynx Global Digital Finance acquired internet software and services company DA5 for 8M USD

Acquisition Highlights
  • This is Lynx Global Digital Finance’s 1st transaction in the Internet Software and Services sector.
  • This is Lynx Global Digital Finance’s largest (disclosed) transaction.
  • This is Lynx Global Digital Finance’s 1st transaction in Philippines.

M&A Deal Summary

Date 2021-03-16
Target DA5
Sector Internet Software and Services
Buyer(s) Lynx Global Digital Finance
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

DA5

Makati, Philippines
website
DA5 is a remittance and forex provider. DA5 offers a comprehensive mobile app for both Android and iOS, capable of various digital and eWallet payment channels and cryptocurrency trading. DA5 was founded in 2006 and is based in Makati, Philippines.

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Buyer(S) 1

Buyer

Lynx Global Digital Finance

Vancouver, British Columbia, Canada

website


Category Company
Founded 2016
Sector Software
DESCRIPTION

Lynx Global Digital Finance is a software development and technology company that has developed its own proprietary online E-Commerce Marketplace solution linking the rapidly expanding CBD industry to consumers. Lynx Global Digital Finance was founded in 2016 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Philippines) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Payright

Singapore

Payright is a single-source provider payment technology solutions with global issuing and merchant acquiring.

Buy -