M&A Deal Summary

EML Acquires Nuapay

On April 6, 2021, EML acquired internet software and services company Nuapay for 70M EUR

Acquisition Highlights
  • This is EML’s 1st transaction in the Internet Software and Services sector.
  • This is EML’s 2nd largest (disclosed) transaction.
  • This is EML’s 1st transaction in Israel.
Investment Fate
  • Nuapay was divested to a consortium of strategic buyers in 2024.

M&A Deal Summary

Date 2021-04-06
Target Nuapay
Sector Internet Software and Services
Buyer(s) EML
Deal Type Add-on Acquisition
Deal Value 70M EUR

Target

Nuapay

Maynooth, Israel
Nuapay is a cloud-native, API-first, full-stack enterprise-grade payments company, processing 45 billion Euro per annum and is dually regulated in the United Kingdom and France. Nuapay was founded in 2003 and is based in Maynooth, Israel.

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Buyer(S) 1

Buyer

EML

Melbourne, Australia

Category Company
Founded 2003
Sector Financial Services
Employees458
Revenue 158M AUD (2025)
DESCRIPTION

EML offers innovative payment technology solutions for payouts, gifts, incentives, rewards, and supplier payments. EML was founded in 2003 and is based in Brisbane, Australia.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-11 Prepaid Financial Services

London, United Kingdom

Prepaid Financial Services Ltd. is a payments technology specialist offering a comprehensive range of e-money and banking solutions including e-wallets, physical and virtual prepaid cards and current accounts in the UK and the Eurozone.

Buy £226M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-15 Nuapay

Maynooth, Israel

Nuapay is a cloud-native, API-first, full-stack enterprise-grade payments company, processing 45 billion Euro per annum and is dually regulated in the United Kingdom and France. Nuapay was founded in 2003 and is based in Maynooth, Israel.

Sell -