Mobilexpress sells 15% equity stake to Collective Spark

07 July 2020
Client work

On July 7, 2020, fintech company Mobilexpress of Istanbul, Turkey, completed the sale of a 15% equity stake in the company to Collective Spark Fund B.V., a limited liability company under the laws of the Netherlands with an office in Istanbul. The initial consideration was US$2 million.

Mobilexpress, a payment and e-money services provider, has one of the largest online payment platforms in Turkey, processing nearly 10 million transactions a month.

Mehmet Komurcu of Gowling WLG advised Mobilexpress with respect to this transaction.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Tech, Mergers & Acquisitions, FinTech

Related Insights & Resources

View all insights Related Insights & Resources
Client work
22 November 2021 TickTrade acquired by smartTrade creating global leader in SaaS FX trading platforms
Client work
15 November 2021 Atmofizer Technologies Inc. closes RTO with Vaxxinator Enterprises Inc.
Client work
30 September 2021 FinTech startup Flahmingo Investments raises $1.88 million in pre-seed funding round

Team

Download or print PDF