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M&A Deal Summary

PayTabs Acquires Paymes

On December 11, 2022, PayTabs acquired internet software and services company Paymes

Acquisition Highlights
  • This is PayTabs’ 1st transaction in the Internet Software and Services sector.
  • This is PayTabs’ 1st transaction in Turkey.

M&A Deal Summary
Date 2022-12-11
Target Paymes
Sector Internet Software and Services
Buyer(s) PayTabs
Deal Type Add-on Acquisition

Target

Paymes

Istanbul, Turkey
Paymes is a financial technology start up and a global payment platform that allows individuals and institutions to easily receive payments and conduct e-commerce without prior e- commerce or financial literacy knowledge. Paymes is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

PayTabs

Dubai, United Arab Emirates
Category Company
Sector Financial Services
DESCRIPTION

PayTabs is a payments solutions powerhouse that processes transactions in multiple currencies and markets, swiftly and securely. Using API plugins, PayTabs facilitates seamless e-commerce, m-commerce, and social commerce solutions for merchants and super merchants to 'plug and play' payment features on to their websites. PayTabs is based in Dubai, United Arab Emirates.

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: Turkey M&A 1 of 1
Year: 2022 M&A 1 of 1
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