M&A Deal Summary

Newnote Financial Acquires SOCOMO Technologies Pvt.

On May 2, 2014, Newnote Financial acquired information technology company SOCOMO Technologies Pvt.

Acquisition Highlights
  • This is Newnote Financial’s 1st transaction in the Information Technology sector.
  • This is Newnote Financial’s 1st transaction in India.

M&A Deal Summary
Date 2014-05-02
Target SOCOMO Technologies Pvt.
Sector Information Technology
Buyer(s) Newnote Financial
Deal Type Add-on Acquisition

Target

SOCOMO Technologies Pvt.

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

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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 1 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (India) 1 of 1
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-27 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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