.
MergerLinks Header Logo

New Deal


Announced

Trustly to acquire Ecospend.

Financials

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

Tags

Edit

Acquisition

United Kingdom

FinTech

Single Bidder

Pending

fintech

Private

Cross Border

Majority

Friendly

Synopsis

Edit

Trustly, a global payments platform for digital account-to-account transactions, agreed to acquire Ecospend, an open finance technology platform. Financial terms were not disclosed. "Together with Trustly we will be able to further accelerate our expansion in the UK and continue to raise the bar for service excellence to our customers. We will continue to leverage our market-leading technology and bank connectivity in the UK and, together with Trustly, broaden our capabilities to stretch across Europe and further markets. We are really excited to join the Trustly family," Metin Erkman, Ecospend Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US