COMPANIES Investcorp, the Bahrain-based private equity group, has put Moneybookers, the online payments provider, up for sale and appointed JPMorgan to handle the process.
The UK-based company is one of the fastest growing internet companies in Europe and has largely shrugged off the recession, signing up more than 10,000 users a day – a 150 per cent increase on December 2007 levels. As of November Moneybookers had 6m user accounts.
