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New Deal


Announced

Kushki to acquire Billpocket.

Financials

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

Tags

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financial services

Friendly

Pending

Private

Acquisition

payment solutions

Mexico

Cross Border

Single Bidder

Payments / Commerce

Majority

Synopsis

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Kushki, the payment technology company that connects LatAm through payments, agreed to acquire Billpocket, a Mexican financial services platform that allows businesses to accept card payments. Financial terms were not disclosed. "Since the moment we met Alejandro Guízar and his team at Billpocket, we were highly impressed with not only their expertise and knowledge of the card present payment solutions, but also with how much we shared a commitment to democratize payments in LatAm through new tech infrastructure. That's why this acquisition was a very natural fit for both companies and we expect great things to come from it," Aron Schwarzkopf, Kushki CEO.

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