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New Deal


Announced

KKR and TDR Capital to invest in Jaja Finance.

Financials

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

Tags

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Single Bidder

Private Equity

United Kingdom

Friendly

Payments / Commerce

Pending

credit cards

Majority

payment services

Cross Border

Acquisition

Private

Synopsis

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Private equity firms KKR and TDR Capital agreed to invest in Jaja Finance, which provides digitally-led credit products with a focus on simplicity, functionality, service and security. Financial terms were not disclosed. "We are pleased to reach this agreement with KKR and TDR which validates the confidence we all have in our platform and our people. With the backing of the new majority shareholders, we are looking forward to our next phase of growth with our credit card launch, as well as the development of credit propositions for our customers, fuelled by our agile technology and machine learning analytics capability," David Chan, Jaja Finance CEO.

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