Transaction · Regtech / KYC / AML · 2023

Cuentas / WHEN Group 2023

Cuentas acquired WHEN Group on October 19, 2023.

Target: WHEN Group
Acquirer: Cuentas
Announced: October 19, 2023
Sub-sector: Regtech / KYC / AML

Transaction overview

Cuentas announced the acquisition of WHEN Group on October 19, 2023.
The deal is expected to close pending customary conditions.

Strategic rationale

Integrate cybersecurity and AI solutions into Cuentas' mobile fintech platform to protect underbanked communities and fintech partners from threats.

Deal terms & multiples

Deal value: —
Target revenue: —
Target EBITDA: —
EV / Revenue: —
EV / EBITDA: —
Announcement: October 19, 2023
Acquirer: Cuentas (Strategic)
Sub-sector: Regtech / KYC / AML

Frequently asked questions

When did Cuentas announce the acquisition of WHEN Group?

Cuentas announced the acquisition of WHEN Group on October 19, 2023.

What sub-sector is WHEN Group in?

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

Sources

energy.einnews.com /pr_news/662874042/proposed-acquisition-by-cuentas-inc-of-majority-stake-in-world-health-energy-holdings-inc-offers-opportunity-for-expansion-of-when-group-s