ROYAL PARK PARTNERS ADVISES LIMONETIK ON ITS SALE TO THUNES

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Overview of the transaction

On July 21, 2021, Thunes announced the acquisition of Limonetik for an undisclosed consideration.

Limonetik, based in France, is a global full-service payment platform providing alternative payment acceptance, suitable for international merchants and marketplaces.

Thunes, based in Singapore, is a cross border payment leader. With a single, simple connection, Thunesoffers a fast and transparent and affordable payments across the world and will now also enable more flexible ways to collect funds.

The acquisition of Limonetikwill accelerate rollout of global payment collections and as one offer a single end-to-end payment solution that connects every corner of the world and makes the global economy accessible to all.

Overview of Limonetik

  • Limonetik was founded in 2008 by Christophe Bourbier (CEO), Olivier Berthelier (CTO) and Hassan Issa (COO.

  • Initially starting as a prepaid card processor, the company is now a full-service payment platform addressing the consumer and merchant driven complexities in the new world of payments.

  • Limonetik has developed an online payment platform for multichannel retailers, marketplaces, payment issuers, acquirers and payment services providers.

    • The company has built a robust and highly modular platform including pay-in gateway, acquirer and payment institution connectivity, reconciliation orchestration and pay-out capabilities backed by an intelligent payment architecture.

  • Limonetik, today, offers access to 285 payment methods in 70 countries through a single API connection and serves over 14,000 merchants, marketplaces and fintech players, including Deliveroo, Uber Eats, Veepee, CMA -CGM, Worldline -Ingenico, ACI, Amadeus and Natixis.

Royal Park Partners' role

  • Royal Park Partners acted as exclusive financial and strategic advisor to Limonetik and its shareholders throughout the transaction

  • This transaction highlights Royal Park Partners’ experience in B2B payments processing, and history of assisting with the creation of meaningful returns for our Fintech clients and investors

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