Dna Payments Acquires Uk-Based Payment Solutions Provider First Payment Merchant Services
Acquiring Company
Dna Payments
Acquired Company
First Payment Merchant Services
Description
Following its £100 million fundraise from Alchemy Partners in 2021, DNA Payments marks its 7th acquisition with the strategic purchase of First Payment Merchant Services (FPMS), a payment solutions provider based in Surrey, UK.
Quick answer
Dna Payments is acquiring First Payment Merchant Services, announced February 15, 2022.
- How much did Dna Payments pay for First Payment Merchant Services?
- The deal value was not disclosed.
- What does Dna Payments do?
- DNA Payments Limited was founded by Arif Babayev and Nurlan Zhagiparov and is one of only a few independent, fully vertically integrated payments companies in UK and EU.
- Where are Dna Payments and First Payment Merchant Services based?
- First Payment Merchant Services is based in United Kingdom.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Financial Services
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- Nmi Acquires Iris Crm, Expanding Deeper In The Commerce Value-Chain (January 18, 2022)
- Visa Completes Acquisition Of Tink (March 10, 2022)
- Zip Announces Definitive Agreement To Acquire Sezzle, Supporting Sustainable Growth Strategy And Path To Profitability And Equity Capital Raise Of Up To A$198.7 Million[1], $147M (February 28, 2022)
- Ccc Acquires Insurtech Safekeep (February 9, 2022)
- Aluf Holdings, Inc. Acquires Itbiometrics, Inc., Specializing In Absolute Security For Online And Offline Financial Transactions Using High Security Biometric Technology Identity Authentication (February 3, 2022)
- Ncino Completes Acquisition Of Simplenexus (January 10, 2022)
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Frequently asked
Who acquired First Payment Merchant Services?
First Payment Merchant Services was acquired by Dna Payments. The deal was reported on February 15, 2022. DNA Payments Limited was founded by Arif Babayev and Nurlan Zhagiparov and is one of only a few independent, fully vertically integrated payments companies in UK and EU. Dna Payments is privately held and operates in Financial Services.
When did Dna Payments acquire First Payment Merchant Services?
Dna Payments's acquisition of First Payment Merchant Services was reported on February 15, 2022. Following its £100 million fundraise from Alchemy Partners in 2021, DNA Payments marks its 7th acquisition with the strategic purchase of First Payment Merchant Services (FPMS), a payment solutions provider based in Surrey, UK. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First Payment Merchant Services do?
First Payment Merchant Services, based in Surrey, was founded by Managing Director Vicki Kelson in 2011, providing credit and debit card terminals and Epos business finance to businesses throughout the UK. It is privately held, operating in Financial Services, and is based in United Kingdom.
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