Windsor Drake
Transaction · Payments · 2021

Lynx / StyloPay 2021

Lynx Global Digital Finance Corporation acquired StyloPay for $1M on November 18, 2021.

Target
StyloPay
Acquirer
Lynx Global Digital Finance Corporation
Deal value
$1M
Announced
November 18, 2021
Sub-sector
Payments

Transaction overview

  • Lynx Global Digital Finance Corporation announced the acquisition of StyloPay on November 18, 2021 for $1M.

Strategic rationale

Lynx acquired 21.62% stake in StyloPay to integrate card issuance, BaaS, and remittance platform into Southeast Asia operations for SMBs.

Deal terms & multiples

Deal value
$1M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 18, 2021
Acquirer
Lynx Global Digital Finance Corporation (Strategic)
Sub-sector
Payments

Sources

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