Transaction · Payments · 2022

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

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 12, 2022
Acquirer
PayTabs (Strategic)
Sub-sector
Payments

Sources

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