GoCardless signs agreement to acquire Nuapay (Sentenial Ltd) to scale indirect channel proposition
Mar 15, 2024•almost 2 years ago
Acquiring Company
GoCardless
Acquired Company
Nuapay
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.
M&A Insights
Based on deal dataIntegration 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