M&A Deal Summary

Cashflows Acquires iCheque Network

On September 16, 2016, Cashflows acquired internet software and services company iCheque Network

Acquisition Highlights
  • This is Cashflows’ 1st transaction in the Internet Software and Services sector.
  • This is Cashflows’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-09-16
Target iCheque Network
Sector Internet Software and Services
Buyer(s) Cashflows
Deal Type Add-on Acquisition

Target

iCheque Network

Windsor, United Kingdom
iCheque Network Ltd. is an online payments company. iCheque provides an online virtual payment solution via its Payr brand, aimed at increasing card acceptance rates for merchants’ customers and providing enhanced security, fraud prevention, and privacy for consumers in their online transactions.

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Buyer(S) 1

Buyer

Cashflows

London, United Kingdom

Category Company
Founded 2006
Sector Financial Services
DESCRIPTION

Cashflows is a payments business offering customers merchant acquiring, ATM acquiring, card issuance and wholesale payments capabilities. Cashflows offers an omni-channel native solution to its customers. It owns and operates the technology across the full value chain meaning that it has no reliance on third parties and can provide superior products and services to its customers whilst competing on price. Cashflows was founded in 2006 and is based in London, United Kingdom.


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: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1