Digital Digital Payments News

Worldline Completes the Acquisition of a 40% Stake in Online Payment Platform B.V

Worldline Completes the Acquisition of a 40% Stake in Online Payment Platform B.V

Worldline, a global leader in payment services, announces the completion of the acquisition of a 40% stake in Online Payment Platform B.V., as announced on September 29, 2022.

Founded in 2011, Online Payment Platform (OPP) is a Dutch online Payment Service Provider with a dedicated payment solution for marketplaces and platforms and a specific focus in the C2C segment. With a team of over 60 employees they offer their services in the entire European Union and the UK, passporting their Dutch PI licence which they obtained in 2014. OPP serves over a hundred marketplaces and platforms.

Transactions through marketplaces and platforms make up approximately one third of the European e-commerce volumes and are expected to increase to more than half in 2025. In this rapidly changing industry, Worldline, through OPP, is then perfectly positioned to comprehensively target the C2C marketplaces’ need to outsource their payment requirements and to focus on significant growth opportunities in the B2B and B2C marketplaces segments.

Latest Fintech News: Paysafe: In-Store SMBs See Reduced Checkout Times as Key to Growth

The transaction enriches the growth profile of Worldline, and enables synergy for both parties involved through Worldline’s sale infrastructure. This transaction is perfectly in line with Worldline’s strategic roadmap as it expands its exposure into e-commerce and brings a proven technological brick with a unique solution built from the ground up.

Latest Fintech News: Real-Time Banking Data Solution For Greater Insight Into Customer Preferences

About Worldline

Worldline is a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers. Powered by 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and innovative solutions fostering their growth. Services offered by Worldline include instore and online commercial acquiring, highly secure payment transaction processing and numerous digital services.

Latest Fintech News: Crypto Exchange Blofin Released – Attention Drawn To Innovative And Traditional Financial Market

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Vela Deploys Normalised Market Data Feed In AWS

Fintech News Desk

TeleVet Announces $43 Million Series B on the Heels of Record Growth, Rebrands as Otto

Business Wire
1