Moneo designs, develops and operates the French electronic purse system Moneo. It maintains a leader position in the market, being the preferred system amongst businesses that charge electronically for small transactions: public authorities, universities and CROUS (association of schools and universities in France), major retailers, PLC managers and restaurant groups. With over 1.2 million payments per week, Moneo has become the fastest growing payment solution in France (+25% p.a). Moneo is the leader in contactless payment in France with more than 500,000 card carriers.
Moneo was acquired by BlackFin Capital Partners SAS on December 09, 2010.
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Out of 60 sectors in the Mergr database, financial services ranked 6 in number of deals in 2010. The largest financial services acquisition in 2010 was TD Auto Finance - which was acquired by TD Bank Group for $6.3B.
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