Jiko Technologies, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Jiko Technologies is a financial technology company that innovatively transforms U.S. Treasury bills into digital assets, offering a secure and scalable platform that enables businesses and individuals to unlock yield and liquidity. Product/Service Line Breakdown: 1. Treasury Bill Investments: Provides a unique opportunity for customers to invest directly in U.S. Treasury bills, ensuring high security and stable returns. 2. Debit and Credit Cards: Offers debit and credit cards that integrate with customers' Treasury bill investments for seamless financial transactions. 3. High-Yield Cash Accounts: Accounts that offer higher returns by leveraging investments in Treasury bills, combining liquidity with attractive yields. 4. Mobile and Online Banking: User-friendly platforms for managing accounts and investments, providing ease of access and control.
Keywords
Keywords
Classified
Private