Announced
Completed
Synopsis
North Lane Technologies, a payments technology company, completed the merger with daVinci Payments, a prepaid bankcard solutions provider. The combined entity operates under the umbrella of Syncapay, a holding company for payment technology and solutions companies, which will receive a new majority equity investment from funds advised by Centerbridge Partners. Financial terms were not disclosed. "Cutting-edge payment experiences across expanding markets present major growth opportunities. We will continue to advance payments across the most relevant form factors and constantly ensure that people are paid when, where and how they want to be paid. The future of payments is digital, global and seamless, and we look forward to realizing the opportunities that the expanding market provides," David Josephs, daVinci CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.