M&ATMTSIGNED
Telefónica Partners with Revolut in Germany for Wholesale Customer Acquisition
Acquirer
Telefónica
Target
Revolut
Telefónica's German subsidiary has formed a partnership with the financial platform Revolut. This collaboration will allow Telefónica's German unit to monetize its network by serving Revolut's three million wholesale customers.
✦ Meridian Analysis
This is a signed strategic partnership between Telefónica's German subsidiary and Revolut, a financial platform. Telefónica will monetize its network by serving Revolut's wholesale customers. This is a commercial agreement, not an M&A or financing transaction. The financial terms of the partnership or its expected revenue contribution are not disclosed.
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