Worldline executing mobile-first payments strategy via SoftPos.eu and Banco Desio acquisitions

Worldline signaled an acquisition thesis in Strategic acquisition thesis on November 9, 2022.

Primary

Worldline

Structure

Strategic acquisition thesis

Date

November 9, 2022

Sub-sector

Payments

Worldline pivoting from hardware-dependent POS terminals toward software-based mobile payments to compete with fintech disruptors and serve small merchants without dedicated devices.

Primary company

Worldline

Counterparty

—

Amount

—

Event date

November 9, 2022

Sub-sector

Payments

HQ

—

Structure

Strategic acquisition thesis

Source published

November 9, 2022

Publisher

American Banker

Source: americanbanker.com