Sale of Sentenial Group and its open banking brand Nuapay
The shareholders of Sentenial Group have sold the business and its open banking brand Nuapay, a leading end-to-end payments platform specialized in account-2-account transactions, to EML Payments.
Through its regulated subsidiary Nuapay, Sentenial operates in the fast-growing European open banking sector. The group powers a complete set of payments for credit transfers, direct debits, instant payments and open banking. Over US$50 billion worth of transactions are processed annually across 37 countries. Under the Sentenial brand, the group’s original SaaS business model provides white-label use of its payment processing technology to banks and corporates. Nuapay combines Sentenial’s bank-grade payments platform with regulated services in a next-generation alternative payments and open banking solution.
EML Payments is an Australian-listed payments technology company. EML provides an innovative global payment solutions platform, with years of experience in banking, credit, and disbursement services, earned wage access, gifts, incentives and rewards, open banking and FX solutions. With open banking set to fundamentally change the way we move money over the next decade, the EM – Nuapay product proposition combines open banking data enrichment with instant account payment capability to create a modern friction-free digital user experience.
Oaklins Cavendish, based in the UK, advised the shareholders of Sentenial on the sale of the business to EMP Payments.
Tom Cregan
CEO, EML Payments
Contáctese con el equipo de la transacción
Transacciones relacionadas
Tabula Investment Management has been acquired by Janus Henderson Group plc
Tabula Investment Management has been sold to Janus Henderson Group plc. The deal builds on Janus Henderson’s extremely successful active fixed income ETF proposition in the US, where it is the fourth largest provider of active fixed income ETFs by assets under management. The transaction is expected to complete in the second quarter of 2024, subject to usual closing conditions, including regulatory approvals.
Aprenda másFirecrown Media acquires railroad and space enthusiast brands of Kalmbach Media
Kalmbach Media, a leading independent media company that provides ideas and inspiration to avid hobbyists, enthusiasts and citizen scientists through its multichannel brands, has sold its railroad and space enthusiast brands, including Trains, Model Railroader, Classic Toy Trains, Classic Trains, Garden Railways, Trains.com, Astronomy, FineScale Modeler and Kalmbach Books, to Firecrown Media, one of the leading transportation media providers serving the aviation, boating and logistics sectors.
Aprenda másEnlitia has raised capital to fund its international expansion
Enlitia has secured a fundraising round from a local family office in order to fund its international expansion and investment on product development.
Aprenda más