Carlyle Europe Technology Partners has made a strategic growth investment in SurePay B.V., a leading payment verification software provider, in partnership with Rabobank's investment arm, Rabo Investments.

Target Information

SurePay B.V., founded in 2016 and headquartered in the Netherlands, is a prominent provider of payment verification technology solutions catering to financial institutions and corporations throughout Europe and the UK. The company aims to combat fraudulent and misdirected payments by utilizing its advanced suite of tools, including real-time IBAN-name checks, Confirmation-of-Payee (CoP), Verification-of-Payee (VOP), and Fraud Risk Indicator (FRI) products. Currently, SurePay services over 200 banks and more than 750 corporate clients, significantly enhancing payment accuracy and reducing fraud risks.

SurePay's innovative solutions have been instrumental in lowering impersonation scams by 81% and reducing erroneous payments by 67% on average. With over 10 billion payment checks processed, the company plays a vital role in helping its clients not only improve payment integrity but also address ongoing regulatory and compliance challenges while enhancing overall operational efficiency.

Industry Overview

The payment verification and fraud prevention technology industry is experiencing robust growth in Europe, driven by increasing concerns over payment security and regulatory compliance. With the rise of digital transactions,