#Asia Singapore-based fintech investor Senjō Group acquires UK payments company Kalixa


The acquisition amount is €29 million (US$30 million) in cash

Senjo group

Singapore-based global payments operator and fintech invest firm Senjō Group has acquired UK-based digital payments company Kalixa for the sum of €29 million (US$30 million) in cash. The deal was part of an agreement with online gaming company GVC holdings PLC, which owns Kalixa.

The acquisition will allow Senjō Group to extend its reach into European markets. For Kalixa, the deal enables it to leverage on Senjō Group to broaden its network in Asia, as well as other regions within the global payments company’s portfolio.

The transaction is expected to be completed by Q1 2017.

“The acquisition of Kalixa fits well within Senjō Group’s strategy of building out a global payments ecosystem. We believe Kalixa will be complementary to our existing portfolio of payments businesses around the world and will create a combined group that leverages the best of both companies,” said Gavin Lock, Chief Operation Officer, Senjō, in an official press statement.

Currently, Kalixa processes transactions worth €11 billion (US$11.5 billion) annually for more than 800 merchants across verticals including e-commerce, gaming, financial services and public transport. It also supports 100 widely used payment methods. Last year, it generated a total of €27 billion (US$28.2 million).

Image Credit: Senjō Group


The post Singapore-based fintech investor Senjō Group acquires UK payments company Kalixa appeared first on e27.

from e27 http://ift.tt/2hLvgDH

Ce contenu a été publié dans #Asia par Startup365. Mettez-le en favori avec son permalien.

A propos Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !