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Nets acquires Polish online payment company Dotpay/eCard
June 20, 2018

Nets has announced the acquisition of Dotpay/eCard, two Poland-based online payment service providers for EUR 73m, from MCI Capital. DotPay and eCard employ 100 people in Warsaw and Cracow to service over 30,000 merchants in Europe's sixth-largest economy. Expected gross revenues for 2018 are EUR 19m. The deal comes shortly after Nets and German-based merchant service provider Concardis announced plans to merge as a part of a series of transactions in a rapidly consolidating market.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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