eServGlobal has secured US$24.9 million to support its investment into HomeSend, a JV with Mastercard
September 2018 — eServGlobal Limited has raised US$24.9 million to fund an expected cash call from its 35.7%-owned HomeSend joint venture. This capital requirement was originally anticipated to be funded US$59 million pro-rata by eServGlobal and the other owner, Mastercard, with the majority coming from the latter. This total was scaled back to US$55.6 million, of which an initial US$7.2 million was invested before the end of the month.
eServGlobal (Now Wameja Limited) is a pioneering digital financial transactions technology company. It enables financial and telecommunications service providers to create smoother transactions for their customers through its deep technical expertise and rapid implementation.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, led the global roadshow for eServGlobal’s US$24.9 million fundraising, raising capital from investors in both Europe and Australia.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more