Announced
Completed
Financials
Sources
Tags
Acquisition
online payments
Payments / Commerce
Private
Majority
United Kingdom
Cross Border
Completed
Single Bidder
Friendly
Synopsis
Fabrick, an open finance company, completed the acquisition of Judopay, a mobile payments company. Financial terms were not disclosed. "We are excited to begin this new journey with Judopay. Their expertise and visionary mindset are essential for those who, like us, strive to create a new industry built on digitalisation and the growth of companies in an array of industries.At Fabrick, we have always seen the governance and development of new payment methods and processes as a cornerstone of the new era of embedded finance enabled by evolving models. In this regard, the platform developed by Judopay seamlessly integrates and enhances our PaymentOrchestra™ solution and is in line with our strategic vision of Open Payments," Paolo Zaccardi, Fabrick CEO, and Co-Founder.
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