NomuPay / Total Processing 2023
NomuPay acquired Total Processing for $35M on November 30, 2023.
- Target
- Total Processing
- Acquirer
- NomuPay
- Deal value
- $35M
- Announced
- November 30, 2023
- Sub-sector
- Payments
Transaction overview
- NomuPay announced the acquisition of Total Processing on November 30, 2023 for $35M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire payments fintech to accelerate expansion into high-growth cross-border and ecommerce markets in Southeast Asia, Europe, and Turkey.
Deal terms & multiples
Frequently asked questions
How much did NomuPay pay for Total Processing?
NomuPay acquired Total Processing for $35M, announced on November 30, 2023.
When did NomuPay announce the acquisition of Total Processing?
NomuPay announced the acquisition of Total Processing on November 30, 2023.
What sub-sector is Total Processing in?
Total Processing is tracked in the Payments sub-sector.
Sources
- thebusinessdesk.com /northwest/news/2125031-expansion-beckons-for-total-processing-after-its-acquisition-by-irish-suitor/