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New Deal


Announced

Completed

Nexon completed a $123m investment in DMI Finance.

Financials

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Transaction Value£99m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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corporate lending

Acquisition

digital lending

asset management platform

Private

FinTech

Minority

Friendly

India

Completed

fintech company

Single Bidder

Synopsis

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Nexon, an online gaming platform, completed a $123m investment in DMI Finance, a financial services company. DMI, as of now, has plans to use the fresh funding to accelerate its balance sheet growth in the digital consumer and micro, small and medium enterprises finance businesses. "NXC sees this as an opportunity to have an impact on financial inclusion in India where a large part of the population is locked out of the formal credit markets," Nexon.

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