Transaction · Regtech / KYC / AML · 2022

Thunes / Tookitaki 2022

Thunes acquired Tookitaki on April 1, 2022.

Target
Tookitaki
Acquirer
Thunes
Announced
April 1, 2022
Sub-sector
Regtech / KYC / AML

Transaction overview

  • Thunes announced the acquisition of Tookitaki on April 1, 2022.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquisition of AML and compliance platform to enhance Thunes' compliance, anti-fraud, and anti-money laundering capabilities.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
April 1, 2022
Acquirer
Thunes (Strategic)
Sub-sector
Regtech / KYC / AML

Frequently asked questions

When did Thunes announce the acquisition of Tookitaki?

Thunes announced the acquisition of Tookitaki on April 1, 2022.

What sub-sector is Tookitaki in?

Tookitaki is tracked in the Regtech / KYC / AML sub-sector.

Sources

  • thepaypers.com /online-payments/thunes-enables-instant-international-transfers-in-saudi-arabia-through-enjaz--1258999