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Announced

Apis Partners completed an investment in DT One.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Private

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micropayments

Friendly

Singapore

FinTech

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Minority

Acquisition

Private Equity

Synopsis

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Apis Partners, a private equity firm, completed an investment in DT One, a digital transfer network for mobile top-up and data solutions. Financial terms were not disclosed. “DT One solves challenges in developing markets where prepaid services are predominant and data usage is exploding. We have a strong network of more than 550+ mobile operators with marquee partnerships for digital vouchers. I’m delighted that Apis Partners recognises our achievements, and has decided to support us for our next stage of growth and diversification,” Peter de Caluwe, DT One CEO.

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