Transaction · Payments · 2020

Mogo / Carta Worldwide 2020

Mogo acquired Carta Worldwide on November 20, 2020.

Target
Carta Worldwide
Acquirer
Mogo
Announced
November 20, 2020
Sub-sector
Payments

Transaction overview

  • Mogo announced the acquisition of Carta Worldwide on November 20, 2020.

Strategic rationale

Mogo acquires Carta's payment processing engine to enhance digital wallet capabilities and launch peer-to-peer payments, entering the $2.5 trillion global digital payments market.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 20, 2020
Acquirer
Mogo (Strategic)
Sub-sector
Payments

Sources

  • betakit.com /today-in-acquisitions-abcellera-mogo-carebook-well-health/