DKK Partners, a fintech firm specializing in emerging markets and foreign exchange liquidity, has announced that Meridien Holdings, a US company focused on global payments, CRM, and banking, will acquire a 27% stake in the company.

Fintech DKK Partners Receives Strategic Investment from Meridien Holdings

The investment comes as Meridien Holdings sets forth plans to list on the New York Stock Exchange (NYSE). The US. firm is making several strategic acquisitions to bolster its capabilities, with the stake in DKK Partners being a key component of this strategy.

Founded in 2020, DKK Partners has offices in London, Dubai, and several African countries, including Ghana, Nigeria, Cameroon, and Senegal. The company has reported significant growth, with transaction flows rising to $1.3 billion in the last year and EBITDA reaching $2 million, representing a 150% compound annual growth rate.

As part of the agreement, DKK Partners will receive shares in Meridien Holdings alongside a multimillion-dollar cash injection. The two companies have formed a strategic alliance aimed at complementing their business plans by securing global payment, acquiring, banking, and FX liquidity capabilities.

"This is a pivotal moment for our business, and it's a real honor to partner with Meridien as we enter our next phase of growth. Both businesses have shared values and a commitment to excellence,” Khalid Talukder, the co-founder of DKK Partners, commented on the deal. “We’re thrilled to be working to build a truly disruptive global brand that will redefine the payments industry.”

The investment follows DKK Partners' recent partnership with the Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate transactions for global financial institutions. DKK Partners has also received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer Virtual Asset Broker Dealer Services.

Meridien Holdings' strategic objective is to acquire and aggregate financially regulated institutions across multiple geographies, creating a transfer of value across its ecosystem, combining both traditional and decentralized finance elements.

“DKK has an incredible growth story, a fantastic customer base, and a scalable business model, alongside a strategic partnership with Seed Group, makes them a game changing VASP in the region,” Erik Lara Riveros, CEO of Meridien Holdings, added. “The partnership with DKK, in conjunction with our other acquisitions of listed and regulated financial institutions, is perfect for Meridien and its preparation to list on the NYSE.”