Fintech
DKK Partners’ $1.3B Transaction Volume Attracts Meridien Holdings Investment
DKK Partners, a fintech firm focused on emerging markets and foreign exchange liquidity, has announced that Meridien Holdings, a US-based global payments, CRM and banking company, will acquire a 27% stake in the company.
The investment comes as Meridien Holdings lays out plans to list on the New York Stock Exchange (NYSE). The U.S. company is making several strategic acquisitions to strengthen its capabilities, with the stake in DKK Partners a key component of that strategy.
Founded in 2020, DKK Partners has offices in London, Dubai and several African countries, including Ghana, Nigeria, Cameroon and Senegal. The firm has seen significant growth, with deal flows increasing to $1.3 billion in the last year and EBITDA reaching $2 million, representing a compound annual growth rate of 150%.
As part of the deal, DKK Partners will receive shares in Meridien Holdings along with a multi-million dollar cash injection. The two companies have formed a strategic alliance aimed at integrating their business plans by providing global payments, acquisition, banking and FX services. liquid assets capacity.
Khalid Talukder, co-founder of DKK Partners
“This is a pivotal moment for our business and it is a true honor to partner with Meridien as we enter our next phase of growth. Both businesses share values and a commitment to excellence,” Khalid Talukder, co-founder of DKK Partnerscommented on the deal. “We are excited to work to build a truly disruptive global brand that will redefine the payments industry.”
The investment follows DKK Partners’ recent partnership with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate transactions for global financial institutions. DKK Partners has
It has also received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer virtual asset brokerage and dealer services.
Meridien Holdings’ strategic objective is to acquire and aggregate financially regulated institutions across multiple geographies, creating a transfer of value across its ecosystem by combining both traditional and decentralized financial elements.
“DKK has an incredible history of growth, a fantastic customer base and a scalable business model, along with a strategic partnership with Seed Group, making them a game-changing VASP in the region,” added Erik Lara Riveros, CEO of Meridien Holdings. “The partnership with DKK, along with our other acquisitions of listed and regulated financial institutions, is a perfect fit for Meridien as we prepare for our NYSE listing.”
DKK Partners, a fintech firm focused on emerging markets and foreign exchange liquidity, has announced that Meridien Holdings, a US-based global payments, CRM and banking company, will acquire a 27% stake in the company.
The investment comes as Meridien Holdings lays out plans to list on the New York Stock Exchange (NYSE). The U.S. company is making several strategic acquisitions to strengthen its capabilities, with the stake in DKK Partners a key component of that strategy.
Founded in 2020, DKK Partners has offices in London, Dubai and several African countries, including Ghana, Nigeria, Cameroon and Senegal. The firm has seen significant growth, with deal flows increasing to $1.3 billion in the last year and EBITDA reaching $2 million, representing a compound annual growth rate of 150%.
As part of the deal, DKK Partners will receive shares in Meridien Holdings along with a multi-million dollar cash injection. The two companies have formed a strategic alliance aimed at integrating their business plans by providing global payments, acquisition, banking and FX services. liquid assets capacity.
Khalid Talukder, co-founder of DKK Partners
“This is a pivotal moment for our business and it is a true honor to partner with Meridien as we enter our next phase of growth. Both businesses share values and a commitment to excellence,” Khalid Talukder, co-founder of DKK Partnerscommented on the deal. “We are excited to work to build a truly disruptive global brand that will redefine the payments industry.”
The investment follows DKK Partners’ recent partnership with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate transactions for global financial institutions. DKK Partners has
It has also received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer virtual asset brokerage and dealer services.
Meridien Holdings’ strategic objective is to acquire and aggregate financially regulated institutions across multiple geographies, creating a transfer of value across its ecosystem by combining both traditional and decentralized financial elements.
“DKK has an incredible history of growth, a fantastic customer base and a scalable business model, along with a strategic partnership with Seed Group, making them a game-changing VASP in the region,” added Erik Lara Riveros, CEO of Meridien Holdings. “The partnership with DKK, along with our other acquisitions of listed and regulated financial institutions, is a perfect fit for Meridien as we prepare for our NYSE listing.”