BVNK / System Pay Services Limited 2022
BVNK acquired System Pay Services Limited on November 28, 2022.
- Target
- System Pay Services Limited
- Acquirer
- BVNK
- Announced
- November 28, 2022
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- BVNK announced the acquisition of System Pay Services Limited on November 28, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquisition of FCA-authorized EMI license to expand regulated payments services across UK and Europe for crypto-native businesses.
Deal terms & multiples
Frequently asked questions
When did BVNK announce the acquisition of System Pay Services Limited?
BVNK announced the acquisition of System Pay Services Limited on November 28, 2022.
What sub-sector is System Pay Services Limited in?
System Pay Services Limited is tracked in the Crypto / Digital Assets sub-sector.
Sources
- crowdfundinsider.com /2022/11/199221-bvnk-said-to-gain-uk-electronic-money-institution-licence/