Worldline, a European leader in payment services, announces the contemplated divestment of PaymentIQ, a payment orchestration platform, to Incore Invest for an estimated cash proceeds at closing of c.€160m .
The disposal of PaymentIQ marks a further step in Worldline’s strategic refocus on core European payment activities and a new milestone in its simplification journey, as part of the North Star transformation plan.
It demonstrates Worldline’s commitment to focus on segments and solutions that generate synergies among each other, while aligning with the Group’s right-to-win strategy and reframed risk framework.