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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand financial infrastructure into Latin America and establish proprietary payment operations in Mexico to serve cross-border business needs.
Deal terms & multiples
Frequently asked questions
When did Airwallex announce the acquisition of MexPago?
Airwallex announced the acquisition of MexPago on October 20, 2023.
What sub-sector is MexPago in?
MexPago is tracked in the Payments sub-sector.
Sources
- crowdfundinsider.com /2023/10/214605-fintech-airwallex-to-acquire-mexican-payments-firm-mexpago/