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  6. SendFriend Acquires DigiPli

M&A Deal Summary

SendFriend Acquires DigiPli

On February 2, 2023, SendFriend acquired internet software and services company DigiPli

Acquisition Highlights
  • This is SendFriend’s 1st transaction in the Internet Software and Services sector.
  • This is SendFriend’s 1st transaction in the United States.
  • This is SendFriend’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-02-02
Target DigiPli
Sector Internet Software and Services
Buyer(s) SendFriend
Deal Type Add-on Acquisition

Target

DigiPli

Jacksonville, Florida, United States
DigiPli is a RegTech firm whose Onboarding-as-a-Service offering is redefining how both fintechs and traditional financial institutions meet their Anti-Money Laundering challenges. By leveraging cutting-edge technology and a SaaS-based delivery model, DigiPli’s end-to-end solution for AML systems, staffing and data delivers exceptional results at a fraction of the cost of a traditional AML program. DigiPli was founded in 2019 and is based in Jacksonville, Florida.

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Buyer(S) 1

Buyer

SendFriend

Jersey City, New Jersey, United States
Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

SendFriend is a global payments-as-a-service platform, enabling seamless and compliant payments for banks and financial institutions. The company has offered on-chain settlement products in addition to its traditional payment channel offerings. SendFriend was founded at the Massachusetts Institute of Technology to reinvent the cross-border payments industry. SendFriend was founded in 2017 and is based in Jersey City.

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
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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