LegaLogic Consulting advised Payten Holding S.A., (“Payten”) in relation to their acquisition and its subsidiary Safexpay Technologies Private Limited (“Safexpay”)
LegaLogic Consulting advised Payten Holding S.A., (“Payten”) a Polish company, in relation to their acquisition of 55% stake in Gurugram based Paygate India Private Limited (“Paygate”) and its subsidiary Safexpay Technologies Private Limited (“Safexpay”) for a total of Euros 29.07 million.
Paygate provides services related to digital and automated payment solutions, such as payment aggregation platform, neo-banking, payouts, one-click checkout, APIX for digital on-boarding, UPI QR code and facial recognition-based payments.
Payten provides end-to-end payment industry solutions for financial institutions and merchants including eCommerce, mPayments, ATM and POS related services. (Payten- Payment and Ecommerce solution)
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LegaLogic (https://legalogic.com) acted as the sole legal counsel for Payten and advised on due diligence, drafting, negotiation and finalization of the transaction documents.
Gautami Kulkarni, Shruthi Sreekumar and Ishika Sharma worked on the transaction with Vikas Agarwal.
