SurePay Gains Financial Backing for European Expansion
Deal News | Jun 03, 2025 | The Carlyle Group
Carlyle Europe Technology Partners (CETP), alongside Rabo Investments, has announced a strategic investment in SurePay, a leader in payment verification solutions headquartered in the Netherlands. Established in 2016 within Rabobank, SurePay specialises in services that improve payment accuracy and reduce fraud, serving over 200 banks and 750 corporate clients across Europe and the UK. The financial injection will support SurePay's initiatives to broaden its solution suite and extend its geographic reach. The investment comes from Carlyle's CETP V fund, reflecting its strategy focused on scaling technology businesses. This partnership signifies a milestone for SurePay as it aims to enhance its leadership in Europe and beyond, leveraging Carlyle's expertise in financial infrastructure support. This collaboration aligns with Rabobank’s corporate venture strategy, aiming to strengthen the financial ecosystem through innovations in payment verification technology.
Sectors
- Financial Technology (FinTech)
- Investment and Private Equity
Geography
- Netherlands – SurePay is headquartered in the Netherlands, marking the country as a significant operational base for its activities.
- United Kingdom – SurePay serves clients across the UK, indicative of its geographic reach and market significance.
- Europe – Carlyle's investment is focused on expanding SurePay's presence across Europe, highlighting the region as a target market for growth.
Industry
- Financial Technology (FinTech) – SurePay operates within the FinTech sector, providing innovative payment verification solutions to enhance payment accuracy and mitigate fraud for financial institutions and corporates.
- Investment and Private Equity – The article involves Carlyle and Rabo Investments, both active participants within the private equity industry, focusing on strategic investments to facilitate company growth and expansion.
Financials
- €3.2 billion – This is the size of Carlyle's CETP V fund, used for growth-stage technology investments like SurePay.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SurePay | Target Company | Company | A leader in payment verification software, headquartered in the Netherlands, serving banks and corporates across Europe and the UK. |
| The Carlyle Group | Bidding Company / Buyer | Company | A global investment firm invested in SurePay through its Carlyle Europe Technology Partners (CETP) fund. |
| Rabo Investments | Bidding Company / Buyer | Company | The investment arm of Rabobank, partnering with Carlyle to invest in SurePay. |
| Rabobank | Other Company | Company | The original incubator of SurePay, providing foundational expertise and support. |
| Connected Capital | Previous Investors | Company | Prior investors in SurePay providing expertise in scaling B2B SaaS businesses. |
| Iris Capital | Previous Investors | Company | Previous partners with SurePay, aiding in the company's growth as a tech venture. |