M&A transaction overview Q3 2020 02 #payments M&A tracker

M&A

Enterprise Date Stake Target company Market Target description Buyer(s) Market value announced (%) (US$m)

1 06–07–2020 FOMO Pay Pte. Ltd. Singapore FOMO Pay Pte. Ltd. offers merchant and AMTD Digital Hong Kong, – – digital banking solutions. It offers payment China processing, digital payment collection, real- time reporting, QR code payments, in-Store Payment, in-App Payment, and enterprise solutions.

2 09–07–2020 payolution GmbH Austria payolution GmbH, doing business as heidelpay GmbH Germany – 100% Pay Later, provides online services and operates as a payment facilitator between merchants and financial institutions.

3 14–07–2020 China Smartpay Hong Kong, China Smartpay Group Holdings Limited, an – - – 14.70% Group Holdings China investment holding company, primarily Limited engages in the prepaid cards and internet payment businesses in the China Mainland, Hong Kong, Thailand, and Singapore.

4 14–07–2020 TransferWise Ltd. United TransferWise Ltd. provides international Lone Pine Capital – – – Kingdom money transfer services. LLC; Fidelity Investments; Senderwood LLP; D1 Capital Partners L.P.

5 15–07–2020 Finweg, SA Spain Finweg, SA develops digital payment Bankia Fintech Spain – 20% solutions on block chain technology to Venture S.A. facilitate the offer of services provided by the financial institutions in Spain, Latin America, and the United States.

6 16–07–2020 Netgíró hf. Iceland Netgíró hf. provides e-wallet services. The Kvika banki hf. Iceland – 80% company provides application software for withdrawals, payments, and online shopping.

7 17–07–2020 Société Maghrébine Morocco Société Maghrébine de Monétique engages SA MEDTECH Morocco 18.55 52.94% de Monétique in the development, integration, and maintenance of electronic-payment solutions for financial institutions, oil companies, commercial brands, telecoms operators, etc. in Africa and internationally.

8 23–07–2020 cPayPlus, LLC United cPayPlus, LLC offers payments software and Repay Holdings United 16.00 100% States services to automotive, property Corporation States management, and field services.

9 27–07–2020 Moka Odeme Turkey Moka Odeme Kurulusu A.S. develops Türkiye Is Bankasi Turkey 3.80 100% Kurulusu A.S. mobile payment solutions. A.S.

10 27–07–2020 Openbucks Corp. United Openbucks Corp. operates a gift card Paysafe Group United – 100% States payment network that enables the users to Limited Kingdom purchase digital goods online.

11 28–07–2020 The Direct Pay Ireland The Direct Pay Online Group operates a Network United Arab 288.00 100% Online Group cloud based payment processing platform International Emirates that support multiple transaction types with Holdings plc online and offline capabilities for consumers.

12 29–07–2020 Yaypay Inc. United Yaypay Inc. develops a cloud-based accounts Quadient S.A. France 23.00 87% States receivable software solution that automates payment workflows.

13 30–07–2020 Joust Labs, Inc. United Joust Labs, Inc. develops a payment toolkit ZenBusiness, Inc. United – 100% States for freelancers and entrepreneurs. States 03 #payments M&A tracker

M&A

Enterprise Date Stake Target company Market Target description Buyer(s) Market value announced (%) (US$m)

14 30–07–2020 Mobilize Systems United Mobilize Systems Limited offers engagement Trust Payments Ltd United – 100% Limited Kingdom and mobile loyalty platform serving the retail Kingdom and hospitality sectors.

15 30–07–2020 Multi Service United Multi Service Technology Solutions Inc., a Corsair Capital LLC United 375.00 100% Technology States transaction management company, provides States Solutions Inc. billing and payment solutions.

16 30–07–2020 Muxi Tecnologia em Brazil Muxi Tecnologia em Pagamentos S.A. Conductor Brazil – 100% Pagamentos S.A. develops technology solutions for the Tecnologia S.A. capture and automation of electronic transactions.

17 31–07–2020 Comercia Global Spain Comercia Global Payments Entidad de Pago, Global Payments United 2011.12 29% Payments Entidad S.L. was founded in 2010 and is Inc. States de Pago, S.L. headquartered in Madrid, Madrid, Spain. It provides payment management service. It operates as a subsidiary of Global Payments Inc.

18 31–07–2020 OPAY Inc. Canada OPAY Inc. provides online payment Citcon USA LLC United – 100% gateway services. States

19 31–07–2020 Avila House Limited United Avila House Limited develops the platform to Fxpress Payment United – 100% Kingdom offer global financial ecosystem that allows Services Ltd. Kingdom people to make multi-currency transactions from their mobile and any part of the world, without high commissions of the banks and exchange houses.

20 03–08–2020 Mobeewave Inc. Canada Mobeewave Inc. develops a PCI-compliant Apple Inc. United 100.00 100% mobile point of sale platform that enables States merchants to accept payments by tapping a contactless payment card on the back of their NFC-enabled mobile device.

21 03–08–2020 FinTech Acquisition United FinTech Acquisition Corp. III does not have Paya, Inc. United – 100% Corp. III States significant operations. States

22 06–08–2020 LOGBANKLOGBANK Brazil LOGBANKLOGBANK SOLUÇÕES DE Itaú Unibanco Brazil – 100% SOLUÇÕES DE PAGAMENTOS S.A. operates as an electronic Serviços e PAGAMENTOS S.A. payment company providing White Label, a Processamento de digital banking platform and Payment Informações Arrangement solutions. Comerciais S.A.

23 07–08–2020 Achiko AG Switzerland Achiko AG operates as a platform company in Negma Group Ltd. United Arab – 7.58% Indonesia and Switzerland. It owns and Emirates operates technologies that enable consumers to pay.

24 10–08–2020 Strategic Payment United Strategic Payment Systems, Inc. provides Payroc LLC United – 100% Systems, Inc. States merchant services to sales offices, financial States institutions, and associations.

25 11–08–2020 Blue Dog Business United Blue Dog Business Services, LLC provides Fortis Payment United – 100% Services, LLC States merchant payment processing services and Systems, Llc States related software and hardware solutions.

26 11–08–2020 Cash-N-Go ATM United As of August 11, 2020, Cash-N-Go ATM Payment Alliance United – 100% portfolio of Cash N States portfolio of Cash N Go ATM Network Inc. was International, Inc. States Go ATM Network acquired by Payment Alliance International, Inc. Inc. Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc. comprises automated teller machine and cash distribution solutions business. 04 #payments M&A tracker

M&A

Enterprise Date Stake Target company Market Target description Buyer(s) Market value announced (%) (US$m)

27 20–08–2020 Shanghai Oriental China Shanghai Oriental Culture Commercial Chengdu Xiecheng China – 100% Culture Commercial Mainland Co.,Ltd. offers magnetic Travel Service Co., Mainland Co.,Ltd. consumer cards for shopping, payment, and Ltd. settlement management.

28 21–08–2020 Brasil S.A. Brazil Wirecard Brasil S.A. provides online payment PagSeguro Internet Brazil – 100% management services. S.A.

29 24–08–2020 STOQ Tecnologia Brazil STOQ TECNOLOGIA LTDA manufactures Magazine Luiza Brazil – 100% LTDA cloud-based point of sale (POS) systems. S.A.

30 25–08–2020 Trade-Safe Holdings South Trade-Safe Holdings (Pty) Ltd. an online Standard Bank South Africa – 35% (Pty) Ltd. Africa platform that provides digital financial Group Limited escrow and payments services.

31 25–08–2020 Chime Inc. United Chime Inc. develops an application WorldRemit Ltd United – 100% States to send money. Kingdom

32 26–08–2020 PT Weyland Indonesia PT Weyland Indonesia Perkasa designs and Weyland Tech Inc. United – 20% Indonesia Perkasa develops an online payment mobile (nka:Weyland Tech States application, known as Atozpay. Inc.)

33 27–08–2020 PT Empat Kali Indonesia PT EMPAT KALI INDONESIA provides Afterpay Limited Australia 2.00 100% Indonesia payment services.

34 27–08–2020 Assets of Wirecard United Assets of Wirecard Card Solutions Limited PayrNet Limited United – 100% Card Solutions Kingdom comprises card technology and associated Kingdom Limited assets and is located in United Kingdom.

35 31–08–2020 iServeU Technology India iServeU Technology Private Limited, a Niyogin Fintech India – 51% Private Limited fintech company, provides payment Limited solutions, such as money transfer, cash deposits, cash withdrawal, and lending.

36 01–09–2020 giropay GmbH Germany giropay GmbH allows customers to use paydirekt GmbH Germany – 100% their internet banking facility to pay for purchases whilst online.

37 01–09–2020 Fxpress Payment United Fxpress Payment Services Ltd., trading as Cornerstone United – 100% Services Ltd. Kingdom Plutus FX, develops payment services Brands, Inc. States platform that provides foreign exchange services offered by the High Street Banks.

38 04–09–2020 Wuhan Hezhong China Wuhan Hezhong Yibao Technology Co. Ltd Tianjin Tongrong China – 100% Yibao Technology Mainland develops and operates UIpay payment E-commerce Co Mainland Co. Ltd (UIPay) platform that offers online payment services. Ltd.

39 08–09–2020 Avangate B.V. Netherlands Avangate B.V. develops and provides Systems, United – 100% (2Checkout) e-commerce and subscription billing Inc. States platform to software, software as a service (SaaS), and cloud services companies.

40 10–09–2020 Wameja Limited Australia Wameja Limited provides cross-border Mastercard United 120.82 100% payment services in the Middle East, the Incorporated States Asia Pacific, Africa, and internationally.

41 10–09–2020 U.S. Dataworks, United U.S. Dataworks, Inc. develops and offers CheckAlt LLC United – 100% Inc. States payments and integrated receivables States software solutions.

42 10–09–2020 Swift Payments Canada Swift Payments provides merchant services Paystone Inc. Canada – 100% and offers payment processing services.

43 11–09–2020 All the business New As of September 30, 2020, All the business Change Financial Australia 5.68 100% assets of Wirecard Zealand assets of Wirecard NZ Limited and Wirecard Limited NZ Limited and Australia Pty Ltd was acquired by Change Wirecard Australia Financial Limited. Pty Ltd 05 #payments M&A tracker

M&A

Enterprise Date Stake Target company Market Target description Buyer(s) Market value announced (%) (US$m)

44 15–09–2020 Bank AB Sweden Klarna Bank AB (publ) provides payment TCMI Inc.; Bonnier – – – (publ) and shopping solutions for consumers Corporation; and merchants online in Sweden, Merian Global Germany, Austria, Switzerland, Norway, Investors (UK) and internationally. Limited; Merian Chrysalis Investment Co. Ltd; Northzone

45 17–09–2020 Valyou Sdn Bhd Malaysia Valyou Sdn Bhd provides services to send Merchantrade Malaysia – 100% money overseas from Malaysia to its Asia Sdn Bhd Branches and International Remittance Agents.

46 17–09–2020 Associated Foreign United Associated Foreign Exchange, Inc. provides FLEETCOR United – 100% Exchange, Inc. States global payment, foreign currency, and risk Technologies, Inc. States management services.

47 21–09–2020 The Payment United The Payment Group, LLC provides online Paya, Inc. United 21.00 100% Group, LLC States payment service to courts, agencies States and departments.

48 22–09–2020 Sentral United Offers a debit gateway technology and numo United 0.00 100% States business that helps large publishers track States debit network transactions in the card- linked offer (CLO) space.

49 22–09–2020 Spondula Ltd United Spondula Ltd offers global banking and Future FinTech China 6.00 51% Kingdom money transfer platform for individuals Group Inc. and businesses.

50 22–09–2020 Hype S.P.A. Italy Hype S.P.A. operates as an electronic illimity Bank S.p.A. Italy – 50% money institution that engages in providing e-money accounts and payment cards.

51 24–09–2020 QuadPay, Inc. United QuadPay, Inc. designs and develops Oaktree Capital United – – States payment platform through which users can Management, L.P. States pay for their purchases.

52 24–09–2020 ImagineTime Inc./ United ImagineTime Inc./TimeSolv Corp./Rocket Lightyear Capital – – 100% TimeSolv Corp./ States Matter, LLC represents combined LLC; Greater Sum Rocket Matter, LLC operations of ImagineTime Inc., TimeSolv Ventures, LLC Corp., and Rocket Matter, LLC in their sale to Lightyear Capital LLC. ImagineTime Inc. provides practice management and payments services.

53 28–09–2020 Prego International Norway Prego International Group AS, a global ZeU Sub Canada 7.14 100% Group AS payment solution provider, develops and operates a range of payment services for partners and clients in Norway and internationally.

54 28–09–2020 Wirecard Romania Romania Wirecard Romania S.A. provides card SIBS — Sociedade Portugal 58.15 100% S.A. transactions processing, card Interbancária de personalization, and retail sector services. Serviços, S.A.

55 29–09–2020 Yours Inc. United Yours, Inc. designs and develops cryto The Bayesian Canada – 100% States focused mobile application which enables Group contributors to earn bitcoin cash for creating content, voting, and commenting.

56 29–09–2020 DinDin Soluções Brazil DinDin Soluções Financeiras S.A operates CARSON SERVIÇOS Brazil – 100% Financeiras S.A as a digital payment wallet. FINANCEIROS SA EY | Assurance | Tax | Strategy and Transactions | Consulting

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