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M&A Deal Summary

tpay Mobile Acquires Payguru

On June 10, 2020, tpay Mobile acquired information technology company Payguru

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

M&A Deal Summary
Date 2020-06-10
Target Payguru
Sector Information Technology
Buyer(s) tpay Mobile
Deal Type Add-on Acquisition

Target

Payguru

Sarıyer, Turkey
Payguru is a payment service provider that offers mobile payments, ATM cash payments, and bank transfer services to its merchants through its integration with three mobile network operators and eight major banks. Payguru was formed in 2015 and is based in Sarıyer, Turkey.

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Buyer(S) 1

Buyer

tpay Mobile

Dubai, United Arab Emirates
Category Company
Founded 2014
Sector Financial Services
DESCRIPTION

tpay Mobile is a provider of mobile payment solution in markets with low banking penetration and high mobile adoption. tpay Mobile was founded in 2014 and is based in Dubai, United Arab Emirates.

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: 2020 M&A 1 of 1
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