Transaction · B2B Payments · 2021

Rapyd / Neat 2021

Rapyd acquired Neat on December 8, 2021.

Target
Neat
Acquirer
Rapyd
Announced
December 8, 2021
Sub-sector
B2B Payments

Transaction overview

  • Rapyd announced the acquisition of Neat on December 8, 2021.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Expands Rapyd's APAC coverage and enables integration of company incorporation, business accounts, credit cards, and payment services for SMEs and startups.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 8, 2021
Acquirer
Rapyd (Strategic)
Sub-sector
B2B Payments

Frequently asked questions

When did Rapyd announce the acquisition of Neat?

Rapyd announced the acquisition of Neat on December 8, 2021.

What sub-sector is Neat in?

Neat is tracked in the B2B Payments sub-sector.

Sources

  • prnewswire.com /news-releases/rapyd-adquire-neat-empresa-com-sede-em-hong-kong-para-expandir-os-recursos-comerciais-de-pequenas-e-medias-empresas-na-asia-e-em-todo-o-mundo-843130932.html