Transaction · Payments · 2023

Airwallex / MexPago 2023

Airwallex acquired MexPago on October 20, 2023.

Target
MexPago
Acquirer
Airwallex
Announced
October 20, 2023
Sub-sector
Payments

Transaction overview

  • Airwallex announced the acquisition of MexPago on October 20, 2023.

Strategic rationale

Expand financial infrastructure into Latin America and establish proprietary payment operations in Mexico to serve cross-border business needs.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 20, 2023
Acquirer
Airwallex (Strategic)
Sub-sector
Payments

Sources