Transaction · BNPL · 2024

Qi Card / Miswag 2024

Qi Card acquired Miswag on November 12, 2024.

Target
Miswag
Acquirer
Qi Card
Announced
November 12, 2024
Sub-sector
BNPL

Transaction overview

  • Qi Card announced the acquisition of Miswag on November 12, 2024.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Integrates e-commerce with fintech payments and BNPL (Aqsat Mall) to create holistic digital platform for Iraqi consumers.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 12, 2024
Acquirer
Qi Card (Strategic)
Sub-sector
BNPL

Frequently asked questions

When did Qi Card announce the acquisition of Miswag?

Qi Card announced the acquisition of Miswag on November 12, 2024.

What sub-sector is Miswag in?

Miswag is tracked in the BNPL sub-sector.

Sources