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