Quickbit acquires two B2B product platforms – enabling increased profitability and growth
Through the acquisition, Quickbit gets access to two platforms with complementary products in Quickbit's B2B offer. The purchase includes full IP rights and gives access to a new customer database containing merchants. The purchase price amounts to 4.5 mEUR and is financed in its entirety with own cash and is expected to contribute to Quickbit's revenue and result in Q2 '22/23. The acquisition agreement has been entered into with Parman Enterprises UK Limited.The products will provide access to a new customer database containing merchants and will simplify the checkout process for both