Guru Capital / ETX Capital Acquire Oval Money
May 14, 2021
Guru Capital has agreed to acquire substantially all assets of UK fintech Oval Money Ltd and to integrate the business into ETX Capital, a Guru Capital portfolio company. An affiliated Guru Capital fund is also negotiating the purchase of Oval Money's Spanish regulated subsidiary, Oval Marketplace A.V., S.L., to consolidate Oval's savings, payments and investment marketplace capabilities into the ETX platform.
- Buyers
- Guru Capital, ETX Capital, Associated fund of Guru Capital
- Targets
- Oval Money Ltd, Oval Marketplace A.V., S.L.
- Platforms
- ETX Capital
- Industry
- Payments & Fintech
- Location
- United Kingdom
- Transaction Type
- Addon
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