Moneybookers - History

History

The moneybookers.com domain was first registered on 17 June 2001. On 27 July 2001, a company named Moneybookers Limited was incorporated in the United Kingdom. The moneybookers.com website along with the online payment system was launched on 1 April 2002. Almost 2 million new users registered with Moneybookers in the initial 1.5 years of operation. On 2 September 2008, Moneybookers claimed to operate in all countries of the world and handle over 5.5 million accounts.

In March 2007, Moneybookers was bought by Investcorp Technology Partners for €105 million and as of 9 March 2009, it has been put up for sale by its owners for an estimated £365 million.

In February 2010, The Sunday Times ranked Moneybookers as the fastest growing private equity backed firm in the United Kingdom based on profits. As of May 2012, the company boasts of 25 million customers, including 120,000 merchant accounts, its payment gateway being integrated by a number of global online brands such as Facebook, Skype and eBay.

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