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  5. EFT Acquires EFT

M&A Deal Summary

EFT Acquires EFT

On January 18, 2024, EFT acquired financial services company EFT

Acquisition Highlights
  • This is EFT’s 1st transaction in the Financial Services sector.
  • This is EFT’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2024-01-18
Target EFT
Sector Financial Services
Buyer(s) EFT
Deal Type Add-on Acquisition

Target

EFT

London, United Kingdom
EFT is a pan-African provider of secure electronic payment processing solutions, offering end-to-end services for financial institutions, retailers, and mobile operators to enable seamless digital transactions. EFT was founded in 1999 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

EFT

London, United Kingdom
Category Company
Founded 2018
Sector Financial Services
DESCRIPTION

EFT is a fintech company that provides digital payment solutions, including card issuing, mobile wallets, and financial inclusion platforms, enabling banks, telcos, and businesses to offer seamless financial services. EFT was founded in 2018 and is based in London, United Kingdom. ?

DEAL STATS #
Overall 1 of 1
Sector: Financial 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: 2024 M&A 1 of 1
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