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New Deal


Announced

Completed

Scalapay completed the acquisition of Cabel IP.

Financials

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

Sources

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Tags

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e-money

Friendly

Completed

Acquisition

fintech

FinTech

Domestic

Italy

Private

payment systems

Majority

Single Bidder

Synopsis

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Scalapay, an innovative payment method provider, completed the acquisition of Cabel IP, an e-money and payment system services provider. Financial terms were not disclosed. "This license means that merchants can now integrate Scalapay via their payment service provider. We have a long waiting list of merchants who want to integrate our solutions through their PSP. Many of them are looking for an alternative BNPL solution that has a higher level of awareness and offers more value to merchants," Simone Mancini, Scalapay CEO.

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