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  5. Zenus Bank Acquires Financial Urban Exchange

M&A Deal Summary

Zenus Bank Acquires Financial Urban Exchange

On March 29, 2023, Zenus Bank acquired financial services company Financial Urban Exchange

Acquisition Highlights
  • This is Zenus Bank’s 1st transaction in the Financial Services sector.
  • This is Zenus Bank’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-03-29
Target Financial Urban Exchange
Sector Financial Services
Buyer(s) Zenus Bank
Deal Type Add-on Acquisition

Target

Financial Urban Exchange

London, United Kingdom
Financial Urban Exchange is a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets. Financial Urban Exchange was founded in 2016 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Zenus Bank

San Juan, Puerto Rico
Category Company
Sector Financial Services
DESCRIPTION

Zenus Bank is an independent U.S. digital bank. Zenus Bank is based in San Juan, Puerto Rico.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
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