Transaction details
Financial services - Fintech
KPMG Corporate Finance acted as the financial advisor to the shareholders of Mazooma Technical Services Inc. (“Mazooma” or the “Company”) on its sale to Nuvei Corporation (“Nuvei”) for a maximum consideration of US$315 million.
Mazooma is a leading account-to-account payments provider in online gaming and sports betting. Mazooma’s Instant Bank Transfer payment solution features same-day Automated Clearing House (ACH) for pay-ins and payouts. The Company is integrated with the majority of U.S. gaming platforms and online gaming and sports betting operators.
Based in Montreal, Quebec, Nuvei is a global payment technology company with a proprietary platform that offers direct connections to all major payment card schemes in over 200 markets worldwide and supports 455 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies.
KPMG deal team
KPMG Corporate Finance
acted as financial advisor to
on its sale to
August 2021
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