PayTabs / Digital Pay 2022
PayTabs acquired Digital Pay on November 9, 2022.
- Target
- Digital Pay
- Acquirer
- PayTabs
- Announced
- November 9, 2022
- Sub-sector
- Payments
Transaction overview
- PayTabs announced the acquisition of Digital Pay on November 9, 2022.
Strategic rationale
Acquisition of POS terminal provider enables PayTabs to offer omnichannel online and offline payment capabilities across MENA region.
Deal terms & multiples
Sources
- crowdfundinsider.com /2022/11/198187-saudi-arabias-fintech-firm-paytabs-acquires-digital-pay/