Hogan Lovells advises founders of Novelpay and its subsidiary Pax France on the sale of their shares in Novelpay and Pax France
Paris, Warsaw, 10 August 20223 – Global law firm Hogan Lovells has advised the founders of Novelpay and its subsidiary Pax France on the sale of their shares in Novelpay and Pax France to Market Pay.
Founded in 2012 in Poland, Novelpay is an independent software provider specializing in the FinTech industry. Market Pay is a pan-European integrated payment platform offering omnichannel digital solutions. Founded in 2016, it employs more than 300 people across the European continent. This acquisition will enable Market Pay to accelerate its development in Europe and strengthen its product offering.
The Hogan Lovells team in Warsaw consisted of counsel Tomasz Żak, senior associate Tomasz Pietrzak and associate Leonart Szanajca-Kossakowski. Partner Andrzej Dębiec and associate Dominika Górska advised on tax aspects of the transaction.
The Hogan Lovells team in Paris was led by partner Stéphane Huten, counsel Christophe-Marc Juvanon, senior associate Maximilien Roland and associate Juliana Barrera Pedraza. Counsel Thomas Claudel and associate Maryll Pizzetta advised on tax law of the transaction.