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  6. Zepz Acquires Sendwave

M&A Deal Summary

Zepz Acquires Sendwave

On August 25, 2020, Zepz acquired internet software and services company Sendwave

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

M&A Deal Summary
Date 2020-08-25
Target Sendwave
Sector Internet Software and Services
Buyer(s) Zepz
Deal Type Add-on Acquisition

Target

Sendwave

Boston, Massachusetts, United States
Sendwave's mission is to make sending money as easy and affordable as sending a text. Sendwave app sends instant, no fee transfers from the US, UK, and Canada to Kenya, Uganda, Tanzania, Ghana, and Nigeria with the best rates. Sendwave was founded in 2014 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Zepz

London, United Kingdom
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Zepz with its online service platform WorldRemit, lets people send money to friends and family living abroad, using a computer, smartphone or tablet. Zepz was founded in 2010 and is based in London, United Kingdom.

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: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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