Acquiring Company
Tarabut
Acquired Company
Vyne
Description
Tarabut, the first and largest regulated open banking platform in the MENA region, has officially acquired Vyne, a London-based real-time account-to-account (A2A) payments platform. This strategic acquisition strengthens Tarabut’s ability to deliver faster, more accessible, and more interconnected financial services, both across the region and globally, positioning them to lead as new regulations for Payment Initiation Services in Saudi Arabia and Open Finance in the UAE come into effect.
Quick answer
Tarabut is acquiring Vyne, announced September 3, 2024.
- How much did Tarabut pay for Vyne?
- The deal value was not disclosed.
- What does Tarabut do?
- Tarabut is the MENA region’s leading, regulated financial technology platform, connecting the financial ecosystem to power seamless, smart and inclusive finance.
- Where are Tarabut and Vyne based?
- Vyne is based in London, England, United Kingdom.
- Who are the decision-makers at Tarabut?
- Fundz holds 1 contact at Tarabut. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Tarabut, and when
When Tarabut changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Tarabut raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Vyne?
Vyne was acquired by Tarabut. The deal was reported on September 3, 2024. Tarabut is the MENA region’s leading, regulated financial technology platform, connecting the financial ecosystem to power seamless, smart and inclusive finance. Tarabut is privately held and operates in Financial Services.
When did Tarabut acquire Vyne?
Tarabut's acquisition of Vyne was reported on September 3, 2024. Tarabut, the first and largest regulated open banking platform in the MENA region, has officially acquired Vyne, a London-based real-time account-to-account (A2A) payments platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Vyne do?
Vyne uses open banking to power account-to-account payments for online businesses, setting the course for the future of payments. It is privately held, operating in Financial Services, and is based in London.
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