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.
- The deal is expected to close pending customary conditions.
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
Frequently asked questions
How much did Lynx Global Digital Finance Corporation pay for StyloPay?
Lynx Global Digital Finance Corporation acquired StyloPay for $1M, announced on November 18, 2021.
When did Lynx Global Digital Finance Corporation announce the acquisition of StyloPay?
Lynx Global Digital Finance Corporation announced the acquisition of StyloPay on November 18, 2021.
What sub-sector is StyloPay in?
StyloPay is tracked in the Payments sub-sector.
Sources
- finance.yahoo.com /news/lynxs-latest-strategic-investment-enables-080500400.html