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Home»Fintech»Worldline to buy Banco Desio merchant acquiring activities
Fintech

Worldline to buy Banco Desio merchant acquiring activities

November 8, 2022No Comments1 Min Read
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Italy's Mediobanca snaps up BNPL fintechs
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French funds large Worldline is boosting its presence in Italy by the acquisition of Banco Desio’s service provider buying actions for round EUR100 million.

Worldline can also be organising a industrial partnership with Banco Desio, tapping the Italian financial institution’s community to distribute cost services and products to service provider prospects.

The service provider buying portfolio delivers cost options to round 15,000 companies, producing about 40 million transactions per 12 months.

The deal builds on Worldline’s acquisition earlier this 12 months of Axepta Italy and the set-up of the Worldline MS Italy three way partnership.

Gilles Grapinet, CEO, Worldline, says: “This operation is totally according to our technique to additional develop our Service provider Providers actions in the direction of the South of Europe and specifically in Italy, a extremely enticing and strategic marketplace for Worldline”.

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See also  ICapital to buy US alternative investments feeder fund platform from UBS
acquiring activities Banco Buy Desio merchant Worldline
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