• Skrill acquires Ukash, Optimal Payments acquires Skrill

    skrillThere are plenty of mergers and acquisitions in online payment companies at the moment. It’s a testimony to the burgeoning market. Skrill, based in the UK was acquired by CVC Capital Partners in 2013 for €600 million.

    That’s an increase of 600% from 2007 when Skrill, at that time called Moneybookers, was bought for €105 million. However in March this year Optimal Payments, the parent company of Neteller who are a big rival of Skrill, announced their official proposal to acquire the Skrill Group for €1.1 billion.