The UK e-money provider Moneybookers ( aff) will be bought by Investcorp Technology Partners, a leading private equity investor in small and medium-sized technology businesses in North America and Europe.
According to the official press release , the ammount paid for Moneybookers first UK electronic money provider was 105 millions EUR. Moneybookers is regulated by Financial Services Authorities and has almost 3 millions subscribers.
Moneybookers is present in a lot of european countries where Paypal does not provide its services and enables online merchants and e-commerce consumers to securely and instantaneously send and receive payments online through a Moneybookers‘ e-wallet facility.
Moneybookers is also very popular in the betting sector, facilitating payment to major online bookmakers such as Gamebookers (aff).
Dr. Nikolai Riesenkampff, Moneybookers’ Chief Executive, said: “We are delighted to have reached this agreement with Investcorp and are looking forward to this new partnership. The Investcorp team is committed to supporting us to develop and aggressively grow Moneybookers’ business and market share in Europe and has been quick to recognise and understand the huge opportunities in the online payment space.”
Hazem Ben-Gacem, Managing Director at Investcorp, said: “We are excited by the opportunity to partner with Moneybookers.com and team up with Nikolai and the rest of the management team to support Moneybookers as it continues to grow its market share. Our objective is to do what is necessary to create Europe’s largest e-wallet facility within the next two to three years.
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