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Announced

Completed

Edison Partners completed a $96m investment in Prepaid Technologies.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

fintech solutions

Private

Minority

United States

FinTech

Friendly

Single Bidder

Completed

Acquisition

Private Equity

Synopsis

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Edison Partners, a venture capital firm, completed a $96m investment in Prepaid Technologies, a fintech solution and payments program manager. “Prepaid Technologies is making it easy for businesses to transform their outdated disbursement, payroll, and purchasing processes with real-time digital payments across niche categories where competitors don’t have the same level of depth or expertise,” Jennifer Lee, Edison Partners Partner.

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