Helios Investment Partners acquired TPAY Mobile.

Helios Investment Partners, the leading Africa focused private investment firm, acquired TPAY Mobile, a fast growing direct carrier billing provider in the Middle East and North Africa region. Financial terms were not disclosed. Sahar Salama, Co-Founder and Chief Executive Officer of TPAY, stated: “I am excited to be part of this next chapter of TPAY’s growth. Helios brings new energy from a vibrant and experienced team that will drive real value to the business. This partnership will expedite TPAY’s strategic growth plans and we are on track to double our year-on-year revenue in 2019. Senior management and I are very proud of the business that we have built, and we look forward to taking it to even greater heights with our new partners, and to continue to set new benchmarks for the sector in the region.”