Worldline to Buy 40% Stake in Online Payment Platform B.V.
Worldline, a global leader in payment services, announces an agreement for the acquisition of a 40% stake in Online Payment Platform B.V., an online Payment Service Provider with a dedicated payment solution for marketplaces and platforms.
Founded in 2011, Online Payment Platform (OPP) is a Dutch online PSP co-led by its founder Richard Straver, and Maurice Jongmans, CEO. The company focuses on digital payments for marketplaces and platforms with 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.
Richard Straver, founder of OPP, stated:"We are proud to join forces with the European leader in payments, Worldline. We can leverage each other's strengths to improve the service offering to OPP's client base, and roll it out to new geographies for new clients. Our team is delighted to join the Worldline family and embark on this incredibly exciting next growth chapter."
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.
Marc-Henri Desportes, Deputy CEO of Worldline, stated:"I am very happy to announce today that we've signed an agreement for this strategic investment in OPP. This enables Worldline to get access to the exciting growth market of digital marketplaces and platforms via OPP's European footprint and market leading scalable technology, as we continue to establish Worldline as a truly global paytech leader."
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