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Announced

Completed

Temasek-backed Nium to acquire India's operations 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-

Sources

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Tags

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Majority

Acquisition

Payments / Commerce

Completed

India

online payments

Private

Private Equity

Friendly

Cross Border

Synopsis

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Temasek-backed Nium, a global payments platform, agreed to acquire scam-hit operations in India of Wirecard, an international supplier of electronic payment and risk management services. Financial terms were not disclosed. “We’re seeing an accelerated move to digital payments as companies modernize their infrastructure to capitalize on the post-COVID economic recovery. More companies are turning to our global payments stack to embed financial services quickly,” Prajit Nanu, Nium CEO.

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