Global law firm White & Case LLP has advised Helios Investment Partners’ portfolio company TPAY Mobile, the full-service digital payments platform for the Middle East, Africa (MEA) and Turkey, on its strategic partnership with Bango Plc, the AIM-listed global platform for data-driven commerce.
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“We have assisted the Helios and TPAY teams to reach this significant milestone in TPAY’s history,” said White & Case partner Ken Barry, who co-led the Firm’s deal team. “This transformational partnership will significantly increase the value of the digital commerce ecosystem for customers of both TPAY Mobile and Bango, furthering digital commerce and financial inclusion in the MEA and Turkey region.”
Founded in 2014, TPAY Mobile is the leading digital payments platform in the MEA and Turkey region, enabling over 30 million active users across 34 countries to make 1.5 billion monthly transactions on its platform. TPAY Mobile’s over 88 live operator and wallet connections mean more than 230 local and global merchants can accept payments for digital goods and services from those consumers without traditional bank accounts – driving both financial inclusion and access throughout the MEA and Turkey region.
Helios Investment Partners is the largest Africa-focused private investment firm, managing funds totaling in excess of US$3.6 billion, and the largest emerging markets focused private equity firm globally to receive B Corp certification.
Listed on The London Stock Exchange in 2005, Bango Plc provides commerce leaders with unique technology and services to grow their online commerce faster and more effectively.
The White & Case team in London which advised on the transaction was led by partners Ken Barry and Lindsey Canning and included associate Oji Adoh.
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