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Dorda and Wolf Theiss Advise on IXOPAY Merger with TokenEx

Dorda and Wolf Theiss Advise on IXOPAY Merger with TokenEx

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Dorda, working with Wilson Sonsini, has advised fintech company IXOPAY and shareholders Rene and Nathalie Siegl on the merger with US cloud tokenization provider TokenEx. Wolf Theiss, working with US-based Morris Manning & Martin, advised TokenEx.

Vienna-based IXOPAY is a payment orchestration platform for white-label clients and enterprise merchants. It now describes itself as a TokenEx Company and boasts "modern, easily extendable architecture [providing] intelligent routing, cascading, and state-of-the-art risk management functions as well as centralized reconciliation and settlements along with plugin-based integration of acquirers and payment service providers."

The Dorda team included Managing Partner Axel Anderl, Partners Juergen Kittel, Lukas Herrmann, Heinrich Kuehnert, and Bernhard Rieder, Counsel Lisa Kulmer, and Associates Bianca Schamberger and Ida Woltran.

The Wolf Theiss team included Partners Florian Kusznier, Georg Kresbach, and Stefan Wartinger, Counsels Christopher Juenger, Adi Zemann, and Christine Siegl, Senior Associates Anna Schwamberger and Phillip Wrabetz, and Associates Carolina Brunnmayr, Pascal Gstoettner, and Miranda Ellison.