EY Polska acted as the advisor to BLIK on the acquisition of Viamo, Slovakian mobile payment system. A large group of dedicated EY professionals led by Łukasz Sikora, Michał Płotnicki and Marek Sawicki provided extensive advisory services for BLIK in the transaction that will allow company to enter the Slovakian market. BLIK goal is to become the leading payment method in this country as company did in Poland.
BLIK is a mobile payment system and scheme, one of the first on the European market, a leader on the Polish e-commerce market, with a unique model of cooperation between banks, payment acquirers and merchants. All supported by innovative information technology, architecture and design. Built on a partnership of Poland’s six largest banks, the payment system and scheme allows for a single, integrated payment flow across all mobile devices and channels.
Viamo is very attractive to BLIK due to its technological capacities, experienced management team, relationships on the local market and appropriate licensing in the Slovakian market. BLIK therefore intends to continue the development of Viamo under BLIK brand and leverage already existing product portfolio to introduce BLIK services.
BLIK goal is to become the leading payment method on the Slovakian market as they did in Poland.
Transaction is subject to the consent of the National Bank in Slovakia (NBS).
Members of the EY team that have advised on the transaction process:
M&A advisory: Łuasz Sikora, Michał Płotnicki, Dorota Wesołowska
Financial advisory: Łukasz Sikora, Dorota Wesołowska, Patryk Małecki, Norman Skulmowski
Tax advisory: Richard Panek, Peter Feiler, Martina Petrikova
Legal advisory: Marek Sawicki, Paulina Maciąg-Grębowiec, Tatiana Knoskova, Ondrej Lahky, Stefan Basista, Marek Vigas