Acquiring Company
Dgpays
Acquired Company
NEOPAY
Istanbul
Manama
DubaiSoftwareFinanceFintechFinancial ServicesFinanceFintechDescription
Dgpays, together with Arcapita Consortium, has agreed to acquire a majority stake in NEOPAY, the UAE’s fast-growing payment solutions provider, from Mashreq. This acquisition represents a significant milestone for NEOPAY as it aims to expand its presence in the rapidly growing digital payments sector in the Middle East.
Quick answer
Dgpays and Arcapita Group Holdings Limited are acquiring NEOPAY, announced September 24, 2024. Dgpays is based in Istanbul, Istanbul, Turkey.
- How much did Dgpays pay for NEOPAY?
- The deal value was not disclosed.
- What does Dgpays do?
- Dgpays is a leading financial infrastructure technology provider in the EMEA region, and Arcapita Group Holdings Limited is a global alternative investment firm.
- Where are Dgpays and NEOPAY based?
- Dgpays is based in Istanbul, Istanbul, Turkey. NEOPAY is based in Dubai, Dubai, United Arab Emirates.
- Who are the decision-makers at Dgpays?
- Fundz holds 1 contact at Dgpays. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Dgpays, and when
When Dgpays changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Dgpays raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dgpays, from your own LinkedIn network
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Frequently asked
Who acquired NEOPAY?
NEOPAY was acquired by Dgpays, based in Istanbul. The deal was reported on September 24, 2024. Dgpays is a leading financial infrastructure technology provider in the EMEA region, and Arcapita Group Holdings Limited is a global alternative investment firm. Dgpays is privately held and operates in Software.
When did Dgpays acquire NEOPAY?
Dgpays's acquisition of NEOPAY was reported on September 24, 2024. Dgpays, together with Arcapita Consortium, has agreed to acquire a majority stake in NEOPAY, the UAE’s fast-growing payment solutions provider, from Mashreq. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does NEOPAY do?
NEOPAY is the UAE’s fastest growing payment solutions provider, with a strong foothold among merchants and e-commerce players. It is privately held, operating in Fintech, and is based in Dubai.
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