As part of the deal, Ingenico ePayments will contribute to the ‘unfair advantages’ The Family provides to its portfolio companies, which include a select list of tools with a total value of $500K+ per startup.

Specifically, Ingenico will provide expertise around payments and monetization to members of The Family, helping them grow their business faster. Members further benefit from attractive, customized pricing for online and mobile payments processing through Ingenico’s global payment platform.

The Family was founded in 2013 in Paris as a platform to connect startups and entrepreneurs to valuable resources. These include access to funding, education and advice, and critical infrastructure and technology. Today, the value of The Family’s portfolio exceeds $1 billion, and the organization has expanded its network to include London and Berlin. With its success firmly grounded in its collaborative, consultative approach to working with members, Ingenico ePayments was a natural fit. With deep expertise in online and mobile payment acceptance and conversion optimization, Ingenico’s experts add vital knowledge to the platform.

"Our philosophy has always been to create a community of experts and thought leaders that our members can tap into for support. With Ingenico ePayments, we can now expand that network with technology and expertise in a field that can make the difference between success and failure for any company - how well it accepts and processes incoming payments,” said Erika Batista at The Family."

"The Family has brought real disruption to the European startup scene, and their business model has enabled some of the most exciting new companies in the region to scale up and mature," said Pierre-Antoine Vacheron, executive vice president of Ingenico ePayments. “We are very excited to join The Family and contribute our technology and expertise to help these companies monetize their business model and optimize payments acceptance.”