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New Deal


Announced

Completed

Orange Ventures and Portage led a €37m in Series C round in Mooncard.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

France

Cross Border

accounting

Friendly

Venture Capital

Single Bidder

Private Equity

financial services

fintech

Minority

corporate cards

saas solutions

Private

Financial Data and Systems

payment

banking

Synopsis

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Orange Ventures, an investment firm, and Portage, a global investment platform focused, led a €37m in Series C funding round in Mooncard, a SaaS solution company, with participation from Blackfin Capital Partners, Partech Partners, Aglaé Ventures, and Raise Ventures. "Portage is thrilled to support Mooncard on its next phase of expansion. With over 6k customers and quickly growing, Portage believes that Mooncard is the clear category leader in corporate debit cards and business expense management software. We believe Mooncard is well-equipped to serve the modern, evolving needs of finance teams and corporate employees across Europe," Hélène Falchier, Portage Partner.

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