Navis Capital Partners successfully exited its investment in dzcard, selling the secure payment technology leader to TOPPAN Security for $750,000.

Information on the Target

dzcard is a leading provider of secure payment, identity, and smart card solutions catering to banks, fintechs, and telecommunications companies across various regions. Established with a vision to enhance transaction security, dzcard plays a crucial role in addressing the increasing demand for reliable and fast payment processes in the digital age.

Since partnering with Navis Capital Partners in 2018, dzcard has expanded its market presence significantly, establishing fully integrated production facilities in Thailand and Tanzania. With a robust output of over 100 million financial cards annually and a client base of 115 active banking customers, dzcard has solidified its position as Southeast Asia's go-to provider for secure payment technologies.

Industry Overview in Southeast Asia

The payment processing industry in Southeast Asia is experiencing rapid growth, driven by a surge in digital transactions and a growing consumer preference for conta