Add-on Acquisition • Information Technology

MC Payment Pte Acquires Genesis Payment Solutions Pte

On January 25, 2017, MC Payment Pte acquired information technology company Genesis Payment Solutions Pte

Acquisition Context
  • This is MC Payment Pte’s 1st transaction in the Information Technology sector.
  • This is MC Payment Pte’s 1st transaction in Singapore.

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M&A Deal Summary

Date January 25, 2017
Target Genesis Payment Solutions Pte
Sector Information Technology
Buyer(s) MC Payment Pte
Deal Type Add-on Acquisition

Target Company

Genesis Payment Solutions Pte

Singapore, Singapore
Genesis Payment Solutions Pte Ltd. is a mobile wallet that enables retailers to process payments from Chinese tourists.
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Buyer Overview 1

Buyer

MC Payment Pte

Singapore, Singapore

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

MC Payment Pte Ltd. is an electronic transaction processing company that provides payment solutions to businesses and consumers.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Singapore 1 of 1
Year: 2017 1 of 1