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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquisition of POS terminal provider enables PayTabs to offer omnichannel online and offline payment capabilities across MENA region.
Deal terms & multiples
Frequently asked questions
When did PayTabs announce the acquisition of Digital Pay?
PayTabs announced the acquisition of Digital Pay on November 9, 2022.
What sub-sector is Digital Pay in?
Digital Pay is tracked in the Payments sub-sector.
Sources
- crowdfundinsider.com /2022/11/198187-saudi-arabias-fintech-firm-paytabs-acquires-digital-pay/