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New Deal


Announced

Completed

EDBI completed an investment in Vesta.

Financials

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

Tags

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Completed

Minority

Single Bidder

Acquisition

Private

FinTech

United States

payment technologies

fraud protection

Friendly

Private Equity

Synopsis

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EDBI, a global Asian-based investor, completed an investment in Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies. Financial terms were not disclosed. “We are excited to accelerate the execution of our strategy in APAC. The opportunity to partner with EDBI is exciting and this new investment really sets us up to go fast. Singapore is a natural spot from which to centralize our APAC operations. The combination of a dynamic business environment, first-class infrastructure and talent, and its central location for accessibility to the entire region, coupled with EDBI as our partner, made Singapore an easy choice,” Ron Hynes, Vesta CEO.

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