Meridien Acquires One-Quarter Stake in DKK Partners
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Meridien, a holding company based in the United States that works in the financial industry, will purchase a 27% share in DKK Partners, a financial technology firm in London. This acquisition coms as DKK Partners begins its stock trading on the New York Stock Exchange.
The financial support will help DKK keep growing worldwide. It was launched in 2020 by Dominic Duru, who worked for RBS and Citi, and Khalid Talukder, who worked at Citi, UBS, and Deutsche Bank.
DKK Partners And Meridien Holdings Has Partnered To Enhance Global Payment
Over the last year, DKK has handled $1.3 billion in transactions, and its EBITDA has reached $2 million, with a growth rate of 150% annually. The firm has also established dedicated offices in major markets such as Senegal, London, Dubai, Ghana, Nigeria, and Cameroon.
As part of the deal, Meridien Holdings and DKK Partners have formed a strategic partnership to support their business plans by getting global payment, banking, and currency exchange abilities. The agreement will let DKK get shares in Meridien and receive a multimillion-dollar cash boost for fast growth.
Earlier this year, DKK teamed up with the Seed Group, part of Sheikh Saeed bin Ahmed Al Maktoum’s Private Office, to make transactions clear and efficient for global financial institutions. The company also got initial approval from the Dubai Virtual Assets Regulatory Authority to provide Virtual Asset Broker Dealer Services.
The main goal is to buy and combine regulated financial institutions in different countries to create smooth value transfers within the Meridien system, joining traditional and decentralized finance.
The associate and co-founder of the holding company, Mr. Khalid Talukder, stated that the present moment is essential for the firm; he further said it’s an honor to partner with Meridien in the next stage of growth.
Meridien Aims To Innovate And List On NYSE
The two companies share high values and an outstanding commitment to excellence; they are super excited to work as a team, aiming to develop a revolutionary global brand that will transform the face of the payments industry.
The Chief Executive Officer of Meridien Holdings, Erik Lara Riveros, Stated that the growth story of DKK is incredible, having a climbing business model and an impressive customer base. Coupled with its systematic partnership with the seed group, the firm is a game-changing Virtual Assets Service Provider in the area.
Unifying with DKK and collaborating with other listed and regulated monetary firms. This is great for Meridien and its arrangements to be enlisted into the NYSE; the goal of the global payment industry is to create a revolutionary trade model with correspondent and banking services.
