Ripple Labs completed its investment into Azimo Limited.

Financials

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Transaction Value-

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Azimo

bidder

Ripple Labs

Sources

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Tags

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United Kingdom

Payments / Commerce

Friendly

Private

payment technology solutions

Minority

Single Bidder

Acquisition

Completed

Domestic

Synopsis

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Ripple Labs, the provider of distributed payments technology, completed its investment into Azimo Limited, the provider of online and mobile payment and money transfer services. Financial terms were not disclosed.

Ripple Labs completed its investment into Azimo Limited.

target

bidder

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