International law firm Bird & Bird has advised Endeit Capital, a European venture capital fund based in Amsterdam, on its Series B investment in Nomupay. The funding comprises an €11,600,000 investment led by Endeit Capital with participation from Uneti Ventures, and was the last tranche of Nomupay’s third investment round of €36,000,000
Endeit Capital, founded in 2006, is a growth capital firm that invests in innovative tech scale-ups across Europe, focused on fields like fintech, AI and machine learning. It supports visionary entrepreneurs through a strategic ‘Buy & Build’ approach, facilitating numerous acquisitions to drive international growth and innovation.
Nomupay is a Dublin-based high growth fintech that provides a unified payments platform, enabling local payment acceptance and payout disbursements across Southeast Asia, Europe, and Turkey. The platform simplifies the complex payment landscape by offering high-penetration alternative payment methods, real-time enabled payouts and end-to-end marketplace funds management.
The Bird & Bird team consisted of corporate partners Struan Penwarden and Brendan O’Brien, corporate associates Will Holder, Albert Mennen, Daniel Faulkner and Thomas Davies, with assistance from Tom Hepplewhite, an associate in our Finance & Financial Regulation team.
Struan Penwarden, lead partner on the transaction, commented: "We are very pleased to have assisted Endeit Capital, a leading growth capital investor, on their Series B investment into Nomupay, an innovative company in a rapidly expanding market. This transaction is another great example of our leading international venture capital and technology expertise which has recently further been expanded into Ireland since the arrival of Brendan O’Brien and the establishment of our Irish corporate offering in September 2023".
