Overview of Transaction

• On September 2, 2026, TabaPay announced a $155 million Series B financing led by FTV Capital
• In conjunction with the financing, TabaPay also announced its intent to acquire Transact Bank, N.A., an OCC federally chartered and FDIC-insured bank based in Denver, Colorado
• TabaPay is a leading money movement platform enabling FinTech companies, lenders and other high-growth platforms to facilitate instant pay-ins and payouts across card and bank rails through a single API
• TabaPay combines intelligent payment routing and integrated risk capabilities to help clients improve reliability, simplify payment workflows, and reduce costs by up to 75%
• TabaPay is on track to process more than $100 billion in payment volume in 2026, ranks as the fifth-largest card-not-present processor by transaction count in the U.S. and serves one-third of American households

Significance of Transaction

• The investment and planned acquisition will support TabaPay’s continued expansion, deliver enhanced client solutions through vertical integration and strengthen its integrated payments and money movement capabilities
• Once fully operational, TabaBank will complement TabaPay’s existing partner bank network, providing additional redundancy and expertise for complex use cases while supporting all major money movement rails, including RTP and FedNow, ACH and wires, and card sponsorship across Visa, Mastercard, Discover and regional networks
• The investment is expected to qualify TabaBank as an acquirer for all industries across all major card networks and will also serve to accelerate TabaPay’s product roadmap, including developing innovative merchant liquidity solutions and pursuing strategic acquisitions

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to TabaPay on this transaction, as well as the Company’s prior investment from SoftBank in 2022
• This transaction reinforces FT Partners’ position as a leading advisor to payments companies and highlights its strong track record of delivering favorable outcomes across multiple engagements with the same client, further deepening long-term relationships