Worldline completes the acquisition of a 40% stake in Online Payment Platform B.V
12 January 2023 - 05:00PM
GlobeNewswire Inc.
Worldline completes the acquisition of a 40% stake in Online
Payment Platform B.V
Worldline completes the acquisition
of a 40% stakein Online Payment
Platform B.V.
Enrichment of Worldline’s value
proposalin the dynamic marketplaces and
platforms vertical
Paris, La Défense,
January 12
2023– Worldline
[Euronext: WLN], a global leader in
payment services, announces the
completion of the acquisition of a 40% stake in
Online Payment Platform B.V., as announced
on September 29,
2022.
Founded in 2011, Online Payment Platform (OPP)
is a Dutch online Payment Service Provider with a dedicated payment
solution for marketplaces and platforms and 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. OPP serves over a
hundred marketplaces and platforms.
Transactions through marketplaces and platforms
make up approximately one third of the European e-commerce volumes
and are expected to increase to more than half in 2025. In this
rapidly changing industry, Worldline, through OPP, is then
perfectly positioned to comprehensively target the C2C
marketplaces’ need to outsource their payment requirements and to
focus on significant growth opportunities in the B2B and B2C
marketplaces segments.
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.
Forthcoming
events
- February 21,
2023 FY 2022
results
- April 26,
2023 Q1
2023 revenue
- June 8,
2023 Annual
General Shareholders’ Meeting
- July 26,
2023 H1
2023 results
- October 25,
2023 Q3 2023
revenue
Contacts
Investor Relations
Laurent Marie+33 7 84 50 18
90laurent.marie@worldline.com
Benoit d’Amécourt+33 6 75 51 41
47benoit.damecourt@worldline.com
Communication
Sandrine van der Ghinst+32 499 585
380sandrine.vanderghinst@worldline.com
Hélène Carlander+33 7 72 25 96
04helene.carlander@worldline.com
About Worldline
Worldline [Euronext: WLN] is a global leader in
the payments industry and the technology partner of choice for
merchants, banks and acquirers. Powered by 20,000 employees in more
than 50 countries, Worldline provides its clients with sustainable,
trusted and innovative solutions fostering their growth. Services
offered by Worldline include instore and online commercial
acquiring, highly secure payment transaction processing and
numerous digital services. In 2021 Worldline generated a proforma
revenue close to 4 billion euros. worldline.com
Worldline’s corporate purpose (“raison d’être”)
is to design and operate leading digital payment and transactional
solutions that enable sustainable economic growth and reinforce
trust and security in our societies. Worldline makes them
environmentally friendly, widely accessible, and supports social
transformation.
Disclaimer
This document contains forward-looking
statements that involve risks and uncertainties, including
references, concerning the Group's expected growth and
profitability in the future which may significantly impact the
expected performance indicated in the forward-looking statements.
These risks and uncertainties are linked to factors out of the
control of the Company and not precisely estimated, such as market
conditions or competitors’ behaviors. Any forward-looking
statements made in this document are statements about Worldline’s
beliefs and expectations and should be evaluated as such.
Forward-looking statements include statements that may relate to
Worldline’s plans, objectives, strategies, goals, future events,
future revenues or synergies, or performance, and other information
that is not historical information. Actual events or results may
differ from those described in this document due to a number of
risks and uncertainties that are described within the 2021
Universal Registration Document filed with the French Autorité des
marchés financiers (AMF) on April 25, 2022 under the filling
number: D.22-0342 and its Amendment filed on July 29, 2022 under
the filling number: D. 21-0342-A01.
Revenue organic growth and Operating Margin
before Depreciation and Amortization (OMDA) improvement are
presented at constant scope and exchange rate. OMDA is presented as
defined in the 2021 Universal Registration Document. All amounts
are presented in € million without decimal. This may in certain
circumstances lead to non-material differences between the sum of
the figures and the subtotals that appear in the tables. 2022
objectives are expressed at constant scope and exchange rates and
according to Group’s accounting standards.
Worldline does not undertake, and specifically
disclaims, any obligation or responsibility to update or amend any
of the information above except as otherwise required by law.
This document is disseminated for information
purposes only and does not constitute an offer to purchase, or a
solicitation of an offer to sell, any securities in the United
States or any other jurisdiction. Securities may not be offered or
sold in the United States unless they have been registered under
the U.S. Securities Act of 1933, as amended (the “U.S. Securities
Act”) or the securities laws of any U.S. state, or are exempt from
registration. The securities that may be offered in any transaction
have not been and will not be registered under the U.S. Securities
Act or the securities laws of any U.S. state and Worldline does not
intend to make a public offering of any such securities in the
United States.
- Worldline completes the acquisition of a 40% stake in Online
Payment Platform B.V
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