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.
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
Sources
- wamda.com /2022/12/paytabs-acquires-paymes-arabic-english