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EML Announces Record Revenue of $194.2M and Underlying EBITDA Of $53.5M

EML Announces Record Revenue of $194.2M and Underlying EBITDA Of $53.5M
ibtimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com.au Daily Mail and Mail on Sunday newspapers.

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EML Acquires Sentenial Group & Enters The Open Banking Market In Europe

EML Acquires Sentenial Group & Enters The Open Banking Market In Europe
Sentenial Limited and its wholly-owned subsidiaries
(“Sentenial”),
and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account
(“A2A”) payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions.
BRISBANE, Australia (BUSINESS WIRE)
EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million). ....

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Irish fintech Sentenial sold to EML Payments for up to €110m

Irish fintech Sentenial has been sold to Australian company EML Payments for up to €110m.
Sentenial, a payments processing company, is being sold for an upfront price of €70m, with a further earn-out element of up to €40m.
The deal includes Sentenial’s open banking product Nuapay.
Sentenial and Nuapay operate in the fast-growing European Open Banking sector. The company processes €45bn worth of payments per year and is regulated in both the UK and France.
The company is currently connected to 1,750 banks across Europe.
EML intends to expand Sentenial s platform and products into the North American and Australian markets. ....

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Open Banking Brand Nuapay Acquired by EML

(“Sentenial”)
,
and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account
(“A2A”)
payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions.
EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million).
Sentenial is a cloud-native, API-first, full-stack enterprise-grade payments company, processing 45 billion Euro per annum and is dually regulated in the United Kingdom and France. ....

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EML Acquires Sentenial Group & Enters The Open Banking Market In Europe

EML Acquires Sentenial Group & Enters The Open Banking Market In Europe
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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