M&A Deal Summary

PayU GPO Acquires iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S.

On June 12, 2019, PayU GPO acquired information technology company iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S.

Acquisition Highlights
  • This is PayU GPO’s 1st transaction in the Information Technology sector.
  • This is PayU GPO’s 1st transaction in Turkey.

M&A Deal Summary

Date 2019-06-12
Target iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S.
Sector Information Technology
Buyer(s) PayU GPO
Deal Type Add-on Acquisition

Target

iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S.

Istanbul, Turkey
iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S. is a fintech company focused on providing secure payment solutions to online sellers of different sizes as well as online shoppers.

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Buyer(S) 1

Buyer

PayU GPO

Amsterdam, Netherlands

Category Company
Sector Financial Services
DESCRIPTION

PayU GPO is a financial services provider with more than 300 payment methods and PCI-certified platforms to process. The company also specializes in innovative consumer and small business products that improve access to credit and banking services in markets that are underserved by traditional financial services providers. PayU GPO is based in Amsterdam, Netherland.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2019 M&A 1 of 1