Ecospend Technologies Limited
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Ecospend Technologies Limited - overview
Established
2017
Location
London, -, UK
Primary Industry
Software
About
Founded in 2017 and based in London, UK, Ecospend Technologies Limited operates as an FCA-regulated pay-by-bank payments provider. In January 2023, Trustly Group AB, a portfolio company of Nordic Capital, Abrdn, Neuberger Berman, BlackRock, and Alfvén & Didrikson, acquired Ecospend Technologies Limited. As of 2023, the company is led by its Chief Commercial Officer, James Hickman. Ecospend offers an open banking payments platform, which is a financial data and payments platform that allows merchants to save up to 80% on interchange fees by offering instant payments and financial data services.
The firm also offers a variety of payment and financial data services to businesses. Their services include instant account-to-account payments, real-time payments, and bank data insights. Its client base includes ITV, Toolstation, Anglian Water, and London Mutual Credit Union.
Current Investors
Trustly Group AB
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.ecospend.com
Verticals
Big Data, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Ecospend Technologies Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ecospend Technologies Limited | - |
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