Corestar Partners advises the shareholders of Sipay on the growth equity investment backed by Moira Capital Partners

Sipay Plus, S.L. (“Sipay”) and its majority shareholder, founder and CEO José Luis Nevado, reached an agreement on the terms of minority growth equity investment from Moira Capital Partners (“Moira”), a leading Spain based provider of growth capital for innovative companies

Together with Moira, Sipay will continue and accelerate its rapid expansion

Sipay is a highly innovative full-service payment service provider, providing tailored payment solutions to various industries, including tourism, retail, as well as digital and marketplaces. It is the leading independent omnichannel payment service provider in Spain, with a highly customer focused culture, offering best in class user experience

With 25 years of experience, Sipay has established itself in the sector, serving blue chip clients both nationally and internationally

The company has a global coverage with all relevant payment methods and local payment gateways offered to merchants worldwide

Sipay was founded in 1994 and is headquartered in Madrid, Spain

Corestar Partners designed and executed a highly competitive process with a confined number of sector experienced parties to ensure the desired outcome for the founder while maximising valuation

Corestar Partners was key in finding the new partner with the right expertise, and platform to accelerate Sipay’s product and geographic expansion plans

This transaction underlines Corestar Partners’ #1 position as Europe’s M&A advisory market leader in the payment service sector and furthermore highlights Corestar Partners leading position in European Fintech M&A