Market Pay, an European and omni-channel payment platform, announced the acquisition of Dejamobile, a French provider of mobile and connected equipment payment solutions.

This deal is the second acquisition for Market Pay this month, following the acquisition of the Acoustic Payment platform.

These developments represent part of an ambitious growth plan for Market Pay following AnaCap’s acquisition of a majority stake of 60% in the company in April 2021.

This investment allows Market Pay to onboard integrate a leading, mobile transaction technology offering with substantial adoption potential, to further strengthen Market Pay’s international footprint in the payments industry.

Dejamobile’s expertise in both digital and contactless payments complements the full range of in-store and e-commerce payment services already offered by Market Pay.

The Dejamobile team, made up of developers and engineers, will support and strengthen Market Pay’s R&D teams.

Market Pay and Dejamobile have already successfully partnered pre acquisition by developing PayWishâ, an innovative service for mobile purchasing experiences through a contactless payment application on Android smartphones and tablets.

Houssem Assadi, CEO and co-founder of Dejamobile said,

“Dejamobile’s founders and employees are excited to join Market Pay to build a leading fintech on an international scale.

 

The range of innovative solutions developed by Dejamobile since 2012, as well as its ecosystem of customers and partners, provides Market Pay with new assets in its ambitious development project.”

Frédéric Mazurier, CEO of Market Pay said,

“Dejamobile is a strategic acquisition for Market Pay. It strengthens our technological expertise as well as our strategic positioning in our various markets while also accelerating the ability to expand Market Pay’s international footprint.

 

The Dejamobile team, which has already developed innovative solutions partnering with us, will become core to Market Pay’s R&D processes on all mobile payment related activities.”

 

Featured image credit: Edited from Pixabay