Submitted by dariat on

In Italy, the utility company Enel has agreed to buy 50% of Mooney to manage the payment firm, jointly negotiating with Intesa Sanpaolo creating a new entrant to the European fintech market. 

Seller Name
Mooney Group
Buyer Name
Enel / Intesa Sanpaolo
Value Type
Deal Value
$1.6B
Deal Date
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Mooney was acquired by Enel / Intesa Sanpaolo