Rymarz Zdort Maruta advises Market Pay Group and AnaCap on acquisition of Polish fintech Novelpay

We are pleased to announce that we represented Market Pay Group (“Market Pay”) and AnaCap on acquisition of Polish fintech Novelpay, including its French subsidiary PAX France Novelpay, to further accelerate the development of its pan-European payments platform. We advised on Polish law. The main adviser in the transaction was Moncey Avocats.

Market Pay is a French fintech that provides retailers and e-merchants with an omnichannel and international payment platform. Its mission is to design and implement innovative and reliable payment solutions that support the growth of merchants.

Novelpay is one of Europe’s fastest growing independent software vertical providers for PAX payment terminals, with its products and services deployed to banks/acquirers, processors and VAS providers in 14 European countries.

“We are happy to have been given the opportunity to support our client in a transaction that will enable it to further strengthen and develop its existing strong product offering, as well as accelerate the deployment of its unified payment platform across Europe. We supported Market Pay and AnaCap in this transaction on aspects of Polish law. Collaboration is an essential ingredient of success for legal professionals and organisations in the emerging global legal marketplace. That is why our law firm is pleased to work on international transactions with internationally renowned law firms such as Moncey.” – says Marek Kanczew, a partner and the head of the employment and personal taxation practice at Rymarz Zdort Maruta.

The team involved in the transaction included Marek Kanczew (partner) – overall supervision of the transaction, tax and employment, Jakub Zagrajek (partner) – M&A transaction, Bartosz Romanowski (partner) – due diligence, Piotr Zawacki (counsel), Filip Golędzinowski (associate) and Anna Wądołowska-Widurek (associate).