logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

GoCardless signs agreement to acquire Nuapay (Sentenial Ltd) to scale indirect channel proposition

Mar 15, 2024almost 2 years ago

Acquiring Company

GoCardless

Acquired Company

Nuapay

LondonLondonFinancePaymentsFinancial ServicesFinancial ServicesFintechLending

Description

GoCardless has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited. This acquisition will significantly scale GoCardless’ indirect channel proposition, consolidate its position as a key payment provider, and fast-track the rollout of new disbursement capabilities to its customers and prospects, unlocking new vertical sectors and use cases.

Company Information

Company

GoCardless

Location

London, England, United Kingdom

About

GoCardless is a global leader in direct bank payment solutions, making it easy to collect both recurring and one-off payments directly from customers' bank accounts through direct debit and open banking. The GoCardless global payments network and technology platform take the pain out of getting paid for 70,000 businesses worldwide, from multinational corporations to small businesses. Each year GoCardless processes over US$30 billion of payments across more than 30 countries. GoCardless is headquartered in the UK, with additional offices in Australia, France, Germany and the United States. For more information, please visit www.gocardless.com and follow us on Twitter @GoCardless. © 2022 GoCardless Ltd. All Rights Reserved. GoCardless is a registered trademark of GoCardless Ltd in multiple countries. Third party trademarks mentioned above are owned by their respective companies. Unless explicitly identified as such, nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of GoCardless Ltd. or any aspect of this press releas

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed