HPS has successfully acquired 100% of CR2 Limited, enhancing its digital banking and payment solutions portfolio amidst a growing fintech landscape in Ireland.

Target Company Overview

CR2 Limited, based in Ireland and with additional offices in Dublin, Dubai, Jordan, India, and Australia, is recognized as a leading innovator in digital banking and payments solutions. The company is best known for its flagship platform, BankWorld, which serves over 90 banks across more than 50 countries. BankWorld provides a comprehensive suite of services, including Digital Banking, Digital Wallet, and Payments Solutions, alongside functionalities such as card issuing, ATM management, and merchant acquiring. Additionally, CR2's Partner Ecosystem enhances BankWorld's capabilities by integrating plug-and-play third-party fintech innovations.

This acquisition of CR2 by HPS signifies a strategically advantageous juncture in HPS's growth trajectory, aligning with its AccelR8 strategic plan. The expected collaboration is anticipated to generate significant new revenue prospects in sectors that complement HPS's existing market footprint.

Industry Overview in Ireland

The digital banking and payments industry in Ireland is experiencing robust growth, underpinned by the rapid adoption of financial technology and the increasing demand for seamless onli