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New Deal


Announced

Completed

Square, Tencent, LGT Lightstone, TIM Ventures led a $113m Series C round in Satispay.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For38%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Minority

Acquisition

Single Bidder

mobile payments

FinTech

Italy

Private Equity

Cross Border

Friendly

Completed

Synopsis

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Investors Square, Tencent, LGT Lightstone, TIM Ventures led a $113m Series C round in Satispay, an Italian FinTech company. Satispay will now look to cement its leadership position in domestic Italy, where it has reached 1.3m consumers and 130k merchants, and expand into other European markets. The fresh capital will be put to work in Luxembourg and Germany, two territories where it has already taken strides and is experiencing “great momentum”.

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