/payments

News and resources on payments systems, innovations and initiatives worldwide.
Crédit Agricole acquires minority stake in Worldline

Crédit Agricole acquires minority stake in Worldline

Crédit Agricole has acquired a seven percent stake in payments processing partner Worldline.

The investment follows the April 2023 agreement between the two companies to form a joint venture in the French merchant payment services market.

The French bank says the transaction demonstrates its intention to support Worldline’s development and implementation of its strategy as a key European payment services provider.

Operational launch of the joint venture is scheduled for later this year, lagging the initially agreed timeframe of end-2023.

Learn more about payments at NextGen Nordics on the 23 April 2024.

Comments: (0)

Trending