Dubai investment firm Exotix Advisory and a consortium has acquired stake in ZirooPay, a Finland-based payments company series-A for $11 million.
Launched in 2014, ZirooPay is a maker of a mobile card reader that allows small businesses to accept card payments anywhere they operate. (Exotix Advisory is a Dubai-based corporate finance and M&A advisory boutique focused on emerging and developing markets. Fabrizio Ferrero and Chiamaka Ezenwa are their managing directors. More details on the deal here)
Exotix Advisory is listed in the Middle East Investors Directory with the code JP14.