Carlyle and Rabo Investments have strategically invested in SurePay, a leader in payment security solutions, following a successful exit by IRIS.

Target Company Overview

SurePay, founded in 2016 as an internal venture of Rabobank, is recognized as one of Europe’s foremost providers of payment security solutions. The company specializes in technologies such as its IBAN Name Check (Confirmation of Payee) infrastructure, aimed at helping banks and businesses mitigate payment fraud while adhering to regulatory mandates. Since its inception, SurePay has successfully verified over ten billion payments, establishing a diverse clientele that includes more than 200 banks and 750 businesses across Europe, notably in markets like the Netherlands, United Kingdom, France, Nordics, and Germany.

As a market leader in its field, SurePay has effectively anticipated the evolving landscape of payment regulations. The company's innovative approach to payment verification has transformed what was once considered a niche offering into a standard compliance requirement across Europe, positioning SurePay as an essential player in payment security.

Industry Overview

The payment security sector within Europe has witnessed significant growth, largely driven by increasing digital transactions and an impending regulatory shift toward real-time payment verification. As more industries move towards digital