M&A Deal Summary

Mobilum Technologies Acquires Mobilum

On May 26, 2021, Mobilum Technologies acquired information technology company Mobilum for 16M CAD

Acquisition Highlights
  • This is Mobilum Technologies’ 2nd transaction in the Information Technology sector.
  • This is Mobilum Technologies’ largest (disclosed) transaction.
  • This is Mobilum Technologies’ 1st transaction in Estonia.

M&A Deal Summary

Date 2021-05-26
Target Mobilum
Sector Information Technology
Buyer(s) Mobilum Technologies
Deal Type Add-on Acquisition
Deal Value 16M CAD

Target

Mobilum

Tallinn, Estonia
Mobilum, a fintech start-up providing the fiat infrastructure to the cryptocurrency industry and has a licensed plug-and-play fiat-to-crypto gateway and payment processing technology solution for exchanges, wallets, brokers, liquidity providers, and cryptocurrency businesses. Mobilum's simple to use on-ramp and off-ramp solution makes integration easy for businesses to get their users to buy and sell cryptocurrencies with credit and debit cards. The Mobilum digital wallet will provide its customers with competitive prices on over 237 cryptocurrencies and will allow its users to earn high-interest rewards and yields with DeFi.

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Buyer(S) 1

Buyer

Mobilum Technologies

Vancouver, British Columbia, Canada

Category Company
Sector Information Technology
DESCRIPTION

Mobilum Technologies is a company focused on emerging technologies across growth sectors including crypto, blockchain, AI, and cloud technologies. Mobilum Technologies invests in and provides subject matter experts within portfolio companies to accelerate success and maximize value for shareholders. Mobilum Technologies is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Estonia M&A 1 of 1
Year: 2021 M&A 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 XPort

Hong Kong, China

XPort is a merchant services fiat-to-crypto gateway solution offering credit card processing for cryptocurrency exchanges, wallets, and other cryptocurrency businesses. XPort's credit card processing solution provides real-time competitive cryptocurrency pricing and low transaction fees. XPort's fiat-to-crypto on ramping service offers a plug-and-play customizable widget that can be set up quickly for merchants to process credit card transactions instantly and securely.

Buy -