M&A Deal Summary

PayMate Acquires DigiAsia

On September 24, 2024, PayMate acquired financial services company DigiAsia for 400M USD

Acquisition Highlights
  • This is PayMate’s 1st transaction in the Financial Services sector.
  • This is PayMate’s largest (disclosed) transaction.
  • This is PayMate’s 1st transaction in Singapore.

M&A Deal Summary
Date 2024-09-24
Target DigiAsia
Sector Financial Services
Buyer(s) PayMate
Deal Type Add-on Acquisition
Deal Value 400M USD

Target

DigiAsia

Singapore, Singapore
DigiAsia is a Fintech as a Service (FaaS) provider operating a B2B2X model offering its complete Fintech solution in emerging markets. DigiAsia was founded in 2017 and is based in Singapore.

Search 198,774 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

PayMate

West Mumbai, India
Category Company
Sector Internet Software and Services
DESCRIPTION

PayMate is a provider in B2B payments for enterprise and SME across supply chains. The PayMate platform provides a comprehensive digital workflow tied to payments which enable greater control and transparency along with better cash flows and an end to end reconciliation for a superior experience for enterprise and SME in closed-loop supply chains. PayMate is based in West Mumbai, India.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Singapore) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal