acquired 100% of
Advisor to the Seller
Payguru operates as a new generation payment platform, which provides mobile payment services through mobile operators and cash payment and bank transfer services through bank integrations to institutions. Starting its operations in mobile payment space as of 2016 with the license obtained from Banking Regulation and Supervision Agency, Payguru serves around 1,200 merchants.
Tpay based in the United Arab Emirates is the leading provider of mobile payment services in Middle East and North Africa. Operating actively in more than 20 countries, Tpay provides mobile payment solutions to more than 580 million customers. In 2018, 76% of total shares of Tpay were acquired by Helios Investment Partners, the largest Africa-focused private investment firm headquartered in the UK.
Tpay acquired 100% of Payguru.