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New Deal


Announced

Finch Capital-backed Nomu Pay to acquire the Asian business of Wirecard.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Malaysia

Pending

Single Bidder

fintech company

unified payment services

Acquisition

Hong Kong

Philippines

Thailand

FinTech

Private

Friendly

Private Equity

Majority

Cross Border

Synopsis

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Finch Capital-backed Nomu Pay, a FinTech company, agreed to acquire the Asian business of Wirecard, a unified payment processing services provider. Financial terms were not disclosed. The transactions are expected to be completed in May 2021 for Thailand, Malaysia and Hong Kong, and for the Philippines later in the year. “As a pan-European and pan-Asian firm we are bullish on the growth in these regions and have reserved significant capital to invest in them through Nomu Pay. Acquiring Wirecard APAC key entities provides us with access and infrastructure to invest in improving the payments landscape for millions of people," Radboud Vlaar, Finch Capital Managing Partner.

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