Go to deals

Financial Services | TMT

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

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.

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.

Service

M&A buy-side

Parties

“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

Talk to the deal team

Valērija Lieģe

Partner

Riga, Latvia
Oaklins Baltics

View profile Get in touch

Dinos Constantinou

Partner

Nicosia, Cyprus
Oaklins Cyprus

View profile Get in touch

Reinholds Razums

Associate Partner

Riga, Latvia
Oaklins Baltics

View profile Get in touch

Constantinos Mourettos

Associate Director

Nicosia, Cyprus
Oaklins Cyprus

View profile Get in touch

Related deals

NetNordic has acquired Itectra

TMT

NetNordic has acquired Itectra

Norvestor-backed NetNordic has acquired Danish optical network solutions firm Itectra. The transaction marks NetNordic’s 25th acquisition since 2015, further strengthening its position in the Nordic market. It enables NetNordic to expand its market relevance through deeper expertise in optical network solutions, consolidating its standing in larger Nordic projects and creating cross-selling opportunities between NetNordic’s network solutions and Itectra’s optical capabilities.

Learn more

Matera has acquired a majority stake in Fáciltech

Private Equity | TMT

Matera has acquired a majority stake in Fáciltech

Matera has acquired a controlling stake in Fáciltech. The acquisition represents a strategic step to expand Matera’s client base and strengthen its core banking offering, incorporating specialized operational management and ERP solutions that serve institutions with different profiles and business models.

Learn more

Smart Capital has finalized a rights issue

Financial Services

Smart Capital has finalized a rights issue

Smart Capital S.p.A. has finalized a rights issue to continue executing its growth plan and increase its investment capacity. The fundraising supports the expansion of its investment portfolio and the strengthening of its positions in higher-quality investee companies with stronger growth prospects.

Learn more