Investment Summary

Prime Ventures Invests In Terrapay

On March 3, 2020, venture capital firm Prime Ventures invested in internet software and services company Terrapay from Comviva Technologies

Investment Highlights
  • This is Prime Ventures’ 16th transaction in the Internet Software and Services sector.
  • This is Prime Ventures’ 4th transaction in the United Kingdom.

Investment Summary

Date 2020-03-03
Target Terrapay
Sector Internet Software and Services
Investor(s) Prime Ventures
Sellers(s) Comviva Technologies
Deal Type Stake Purchase

Target

Terrapay

London, United Kingdom
Terrapay is a mobile-first international payment network. Terrapay provides mobile wallet service providers, money transfer operators, banks and payment platforms to create a one network for secure and seamless transnational movement of funds. Terrapay is based in London, United Kingdom.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Prime Ventures

Amsterdam, Netherlands

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 1999
PE ASSETS 750M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Prime Ventures is a venture capital and growth equity firm focusing on investing in European companies in the technology and related industries. Prime is based in Amsterdam with an additional office in Cambridge.


DEAL STATS #
Overall 33 of 33
Sector: Internet Software and Services M&A 16 of 16
Type: Stake Purchase M&A Deals 1 of 1
Country: United Kingdom M&A 4 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 CybelAngel

Paris, France

CybelAngel is a digital risk management platform providing enterprises with actionable threat intelligence that enables effective remediation and improved cybersecurity posture. CybelAngel was founded in 2013 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Bright Computing

San Jose, California, United States

Bright Computing specializes in management software for clusters and clouds used in high performance computing (HPC), storage, databases, Hadoop, and OpenStack. Bright’s integrated approach makes cluster management easy for DevOps and IT operations teams while providing powerful and complete management capabilities for mission-critical workloads. Bright Computing was formed in 2009 and is based in San Jose, California.

Sell -

Seller(S) 1

SELLER

Comviva Technologies

Gurgaon, India

Category Company
Founded 1999
Sector Software
DESCRIPTION

Comviva, a provider of mobile solutions beyond VAS.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-01 Emagine International Pty

Pyrmont, Australia

Emagine International Pty Ltd. is a provider of real-time contextual marketing software and managed marketing services for communication service providers. Emagine enables global telecom operators to reduce churn and generate net incremental revenue from their customers. This is achieved through intelligent real-time campaigns and interactions that are personal, relevant and timely – true “Marketing To One®”. Emagine has developed a game-changing decisioning platform called RED.cloud (Real-time Event Decisioning).

Buy -