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Services Financiers | TMT

Private investors have acquired ORO PAY, a Cyprus-registered EMI

Mars 2022 — A group of private investors have acquired ORO PAY, a fast-growing electronic money institution (EMI) licensed by the Central Bank of Cyprus.

ORO PAY offers secure and convenient payment solutions licensed by the Central Bank of Cyprus. Catering to the needs of both individuals and corporate clients, ORO PAY provides a seamless and cost-effective alternative for merchants and users. Its intuitive payment account solution is designed to enhance the convenience of financial transactions for businesses and individuals.

Notre rôle dans la transaction

Oaklins’ teams in Latvia and Cyprus advised the buyer, identified the target and executed the transaction. The team in Cyprus also performed the regulatory due diligence and supported the buyer in the application and communication with the Central Bank of Cyprus.

Parties prenantes
«We are excited to welcome the new owners of ORO PAY, who are poised to provide us with the tools needed to achieve our ambitious pan-European growth plans. The acquisition process was remarkably efficient and smooth, with minimal disruption to our day-to-day operations, thanks to the Oaklins team’s experience and professionalism in the due diligence and negotiation of the deal.»

Panayiotis Konstantinou

CEO, ORO PAY

Contacter l'équipe de la transaction

Valērija Lieģe

Associé
Riga, Lettonie
Oaklins Baltics

Dinos Constantinou

Associé
Nicosia, Chypre
Oaklins Cyprus

Reinholds Razums

Partenaire associé
Riga, Lettonie
Oaklins Baltics

Constantinos Mourettos

Directeur associé
Nicosia, Chypre
Oaklins Cyprus

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