M&A Deal Summary

GoCardless Acquires Nuapay

On March 15, 2024, GoCardless acquired internet software and services company Nuapay from EML

Acquisition Highlights
  • This is GoCardless’ 2nd transaction in the Internet Software and Services sector.
  • This is GoCardless’ 1st transaction in Israel.

M&A Deal Summary

Date 2024-03-15
Target Nuapay
Sector Internet Software and Services
Buyer(s) GoCardless
Sellers(s) EML
Deal Type Divestiture

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

GoCardless

London, United Kingdom

Category Company
Founded 2011
Sector Software
DESCRIPTION

GoCardless is an account-to-account payments platform designed to make it easy to collect both recurring and one-off payments directly from customers' bank accounts. GoCardless was founded in 2011 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-01 Nordigen

Rīga, Latvia

Nordigen is a freemium open banking platform that provides free access to open banking data and premium data insights. Nordigen's free API connects to more than 2,300 banks in Europe and serves fintech companies and developers in 31 European countries, including the UK. Nordigen is a licensed Account Information Service Provider (AISP), regulated by the Financial and Capital Market Commission of Latvia and authorised in 31 European countries. Nordigen was founded in 2016 and is based in Rīga, Latvia.

Buy -

Seller(S) 1

SELLER

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 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 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.

Buy €70M