Direct Debit System / ElseWare 2024
Direct Debit System acquired ElseWare on December 12, 2024.
- Target
- ElseWare
- Acquirer
- Direct Debit System
- Announced
- December 12, 2024
- Sub-sector
- Payments
Transaction overview
- Direct Debit System announced the acquisition of ElseWare on December 12, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
UAE fintech expands into regulated UK instant payments market leveraging ISO 20022 capabilities to modernize direct debit services.
Deal terms & multiples
Frequently asked questions
When did Direct Debit System announce the acquisition of ElseWare?
Direct Debit System announced the acquisition of ElseWare on December 12, 2024.
What sub-sector is ElseWare in?
ElseWare is tracked in the Payments sub-sector.
Sources
- menafn.com /1108987976/Direct-Debit-System-Acquires-UK-Regulated-Elseware-In-East-To-West-Technology-Transfer