Acquiring Company
PayTabs
Acquired Company
Paymes
Description
PayTabs, Middle East, Africa, and South Asia's (MEASA's) award-winning payments powerhouse, in a power play announced that it had acquired a 100% stake in Paymes, Turkey's largest social commerce platform. The news of the acquisition comes just weeks after PayTabs acquired Saudi Arabia's Digital Pay in November 2022.
Quick answer
PayTabs is acquiring Paymes, announced December 12, 2022.
- How much did PayTabs pay for Paymes?
- The deal value was not disclosed.
- What does PayTabs do?
- PayTabs is an award-winning payments solutions powerhouse founded by Saudi entrepreneur Abdulaziz Al Jouf.
- Who are the decision-makers at PayTabs?
- Fundz holds 2 contacts at PayTabs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Payments and E Commerce
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Echo Health Acquires Prelude Software, Creating A Modernized, Fully Integrated Digital Payment Platform (January 4, 2023)
- Bluefin Acquires Tecs To Combine Payments And Data Security Solutions (November 1, 2022)
- Quantum Fintech Acquisition Corporation To Acquire Atlasclear (November 16, 2022)
- Fnz To Acquire Yieldx, Accelerating The Personalization Of Wealth Management Solutions Across The U.S. Market (January 19, 2023)
- Gologiq To Acquire Nest Egg For $30 Million, Adding Wealth-Building Platform For Gen Zs And Millennials, $30M (January 10, 2023)
- Newtek Business Services Corp. Completes Acquisition Of National Bank Of New York City (January 6, 2023)
Who to call at PayTabs, and when
When PayTabs changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day PayTabs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PayTabs, from your own LinkedIn network
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Fundz sees it the moment PayTabs makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Paymes?
Paymes was acquired by PayTabs. The deal was reported on December 12, 2022. PayTabs is an award-winning payments solutions powerhouse founded by Saudi entrepreneur Abdulaziz Al Jouf. PayTabs is privately held and operates in Payments.
When did PayTabs acquire Paymes?
PayTabs's acquisition of Paymes was reported on December 12, 2022. PayTabs, Middle East, Africa, and South Asia's (MEASA's) award-winning payments powerhouse, in a power play announced that it had acquired a 100% stake in Paymes, Turkey's largest social commerce platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paymes do?
Paymes is an award-winning financial technology start up and a global payment platform that allows individuals and institutions to easily receive payments and conduct e-commerce without prior e- commerce or financial literacy knowledge. It is privately held, operating in Financial Services.
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