Buyer for a mobile fintech company in Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• Location of the target: Europe 
• Reason for acquisition: The company is an international holding active in the digital sectors. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB191

The buyer is a major player in the telecom market and is part of a large holding that manages multiple brands under its roof. The buyer company has a long time experience in Connectivity, Voice and SMS services for telecom operators and has local offices in multiple countries in Europe, UK, UAE and India. The team innovates, develops and customize telecom solutions for mobile operators and aggregators. There is used automation and technology with a customer centered approach so that clients have all their needs and requirements fulfilled. In order to be sure it provides the telecom services with the highest quality, the team uses cutting edge technology to innovate effective solutions for the telecommunications industry. The company is the owner of an impressive know how structure and its products and solutions drive telecom industry to new levels of development. As an effective strategy to keep the services level high, the management is always in search for tech companies that can bring new value into the business and improve the product’s portfolio. In the present, there is an active search to acquire a Licensed FinTech enterprise that has a partnership agreement with Mastercard or Visa payment cards scheme. Target company needs to be located in Europe, records revenue between 2-20M Euro, is successful on the market and has the ambition to be part of a larger organization with international exposure. 

The buyer has a global presence and has international connections with more than 1000 operators for which it enables and facilitates all flows of communication. It offers excellent connectivity experience and a unique suit of AI driven FinTech solutions that allow mobile operators and other mobile service providers to improve their operational results. It is about a global SMS hub that provides a large range of solutions such as messaging & connectivity, SaaS, IoT, enterprise and FinTech solutions. The team is experienced in developing SaaS models and in creating them from ground. Special strategies are adopted in order to deliver applications across Internet as a Service. In this way there is improved the way software is installed and maintained.

Replacing the native approach with Internet deployment ensures a simple access and makes it possible to manage easier complex software and hardware systems. The company has developed software solutions that allow telecom operators to offer a package of financial services to their clients, in this way improving customer experience, engagement and loyalty. There are offered payment solutions by phone where the customer uses payment methods such as Payment by SMS, WAP (Wireless Application Protocol), wallet, virtual currency, subscription and virtual credit card. The attachment of AI Analytics and Machine Learning processes into a payment solution enables telecom companies to study and analyse customer’s behaviour and have the chance to target the right service or product. This increases sales, subscription rates and minimize the risk of customer leaving.

The buyer is looking to acquire a company that develops fintech solutions and is involved in areas activities related to:

• IoT
• Payment
• Machine Learning
• AI
• Data Management
• Analytics
• Software Development 

• The buyer is an international holding that provides connectivity services to telecom operators
• The buyer has a strategy to develop its operations via acquisitions
• The buyer has decided to enlarge its activities in Europe and is looking to buy a company active in the fintech field

Feel free to contact us for more information regarding this Mobile fintech company in Europe wanted or if you know possible interested or suited parties. For more buyers in the IT sector please visit the section ITS companies wanted. For companies for sale in the ITS or mobile fintech industry please feel free to visit the section ITS companies for sale.