Worldline / SoftPos.eu 2022
Worldline acquired SoftPos.eu on November 9, 2022.
- Target
- SoftPos.eu
- Acquirer
- Worldline
- Announced
- November 9, 2022
- Sub-sector
- Payments
Transaction overview
- Worldline announced the acquisition of SoftPos.eu on November 9, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Worldline acquired 55% stake in SoftPos.eu to enable tap-on-phone payment acceptance on Android devices, supporting its Tap on Mobile offering and diversification away from dedicated hardware terminals.
Deal terms & multiples
Frequently asked questions
When did Worldline announce the acquisition of SoftPos.eu?
Worldline announced the acquisition of SoftPos.eu on November 9, 2022.
What sub-sector is SoftPos.eu in?
SoftPos.eu is tracked in the Payments sub-sector.
Sources
- americanbanker.com /payments/news/worldline-preps-for-mobile-to-take-over-the-point-of-sale