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  5. Paymate Pty Acquires Zaitech Technology Pvt

M&A Deal Summary

Paymate Pty Acquires Zaitech Technology Pvt

On May 15, 2018, Paymate Pty acquired internet software and services company Zaitech Technology Pvt

Acquisition Highlights
  • This is Paymate Pty’s 1st transaction in the Internet Software and Services sector.
  • This is Paymate Pty’s 1st transaction in India.

M&A Deal Summary
Date 2018-05-15
Target Zaitech Technology Pvt
Sector Internet Software and Services
Buyer(s) Paymate Pty
Deal Type Add-on Acquisition

Target

Zaitech Technology Pvt

Bhopal, India
Zaitech Technology Pvt Ltd. is a Bhopal based peer to peer lending platform. Company are India's first micro-lending institution that uses deep tech automation and artificial intelligence to make sure that Peer-to-Peer lending and its benefits reach the Indian masses.

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Buyer(S) 1

Buyer

Paymate Pty

Crows Nest, Australia
Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Paymate Pty Ltd provides secure, reliable and innovative Internet-based and on the go payment services to buyers and sellers. Paymate was formed in 2000 and is based in Crows Nest, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1
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