Tag Archives: David Sear

Optimal Payments has confirmed its €1.1 billion ($1.2 billion) takeover of Skrill Group services, the acquisition sees Optimal become the biggest payment provider for the online gambling sector. The payment provider has fulfilled all takeover obligations set by the UK FCA, and met payments conditions set by majority stakeholder CVC Capital Partners, who had acquired a majority stake in Skrill …

Online payment provider Skrill Group today announces that it has completed its acquisition of  competitor Ukash.  The acquisition deal was first announced in November 2014 and will aim to extend the scale and reach of Skrill Group’s paysafecard, further enhancing its position in the European online payments market. The completion of it acquisition of Ukash operations comes after last month’s …

Online payment processing operator, has reached a final agreement to acquire pre-paid voucher provider Ukash. The sum of the acquisition was undisclosed by both parties. Skrill Group stated that the acquisition of Ukash will add scale and reach to its pre-paid unit Paysafecard, which it acquired in 2013 for €140 million. The deal comes just weeks after CVC Capital Partners-backed …