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  5. BitPesa Acquires TransferZero

M&A Deal Summary

BitPesa Acquires TransferZero

On February 7, 2018, BitPesa acquired internet software and services company TransferZero

Acquisition Highlights
  • This is BitPesa’s 1st transaction in the Internet Software and Services sector.
  • This is BitPesa’s 1st transaction in Spain.

M&A Deal Summary
Date 2018-02-07
Target TransferZero
Sector Internet Software and Services
Buyer(s) BitPesa
Deal Type Add-on Acquisition

Target

TransferZero

Madrid, Spain
TransferZero is a provider of platform to enables international remittances and B2B services, autonomously or through the management of a personal advisor, in more than 200 countries and 34 currencies.

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Buyer(S) 1

Buyer

BitPesa

Karen, Kenya
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

BitPesa is an online payment platform that leverages Blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets. BitPesa was founded in 2013 and is based in Karen, Kenya.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2018 M&A 1 of 1
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