M&A Deal Summary

Newnote Financial Acquires Coinpayments

On October 27, 2014, Newnote Financial acquired financial services company Coinpayments

Acquisition Highlights
  • This is Newnote Financial’s 1st transaction in the Financial Services sector.
  • This is Newnote Financial’s 1st transaction in Canada.
  • This is Newnote Financial’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2014-10-27
Target Coinpayments
Sector Financial Services
Buyer(s) Newnote Financial
Deal Type Add-on Acquisition

Target

Coinpayments

Vancouver, British Columbia, Canada
Coinpayments, Inc. is the first and largest multi-crypto-currency payment processor servicing over 7500 merchants in more than 120 countries. It has grown by word-of-mouth by establishing a reputation of integrity and excellence. Coinpayments manages the largest Crypto-currency Store Directory and its merchant customers enjoy the only web wallet with support for 50 cryptocurrencies including Bitcoin, Litecoin, Dogecoin, Peercoin, Omnicoin, Darkcoin, Maxcoin and dozens of others. Coinpayments has been an active supporter of several important charities accepting cryptocurrencies.

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Buyer(S) 1

Buyer

Newnote Financial

Vancouver, British Columbia, Canada

Category Company
Founded 2010
Sector Software
DESCRIPTION

Newnote Financial Corp. is a provider of crypto-currency based software products and services.


DEAL STATS #
Overall 2 of 4
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (British Columbia) 1 of 2
Country (Canada) 1 of 3
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-02 SOCOMO Technologies Pvt.

Chandigarh, India

SOCOMO Technologies Pvt. Ltd. (Jugnoo) is a provider of online platform for trading services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 Cointrader Exchange

Vancouver, British Columbia, Canada

Cointrader Exchange, Inc. is a Bitcoin and crypto-currency exchange services.

Buy CA$2M