PayTabs / Paymes 2022
PayTabs acquired Paymes on December 12, 2022.
- Target
- Paymes
- Acquirer
- PayTabs
- Announced
- December 12, 2022
- Sub-sector
- Payments
Transaction overview
- PayTabs announced the acquisition of Paymes on December 12, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expands PayTabs' social commerce and micro-merchant payment capabilities across MENA region; consolidates payment solutions for merchants of all sizes.
Deal terms & multiples
Frequently asked questions
When did PayTabs announce the acquisition of Paymes?
PayTabs announced the acquisition of Paymes on December 12, 2022.
What sub-sector is Paymes in?
Paymes is tracked in the Payments sub-sector.
Sources
- wamda.com /2022/12/paytabs-acquires-paymes-arabic-english