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New Deal


Announced

Completed

Kingsway Capital led a €30m round in ID Finance.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Spain

FinTech

Acquisition

Friendly

Cross Border

Private

Minority

fintech

Completed

Single Bidder

Synopsis

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Kingsway Capital, a UK-based private equity firm, led a €30m round in ID Finance, a financial technology company. “We are excited to partner with ID Finance and support their mission to provide access to financial services to underserved consumers in Developed and Emerging Markets. ID Finance has a proven track record of using technology and data analytics to create innovative financial products, and we believe they are well-positioned to capture significant market share and drive financial inclusion across Europe and Latin America,” Tamir Saeed, Kingsway Capital Managing Partner.

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