Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news

Breaking-Finance.Com - Nets Group's Finnish online payment subsidiary Paytrail is to acquire fellow e-commerce specialist Checkout Finland from OP Financial.

Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news

Breaking-Finance.Com - Nets Group's Finnish online payment subsidiary Paytrail is to acquire fellow e-commerce specialist Checkout Finland from OP Financial.

Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news
05 January 2021 - 12:45

Breaking-Finance.Com - Nets Group's Finnish online payment subsidiary Paytrail is to acquire fellow e-commerce specialist Checkout Finland from OP Financial. Checkout Finland, serving both ecommerce and physical stores with a wide array of payment options, has around 8,000 ecommerce merchants on its customer list and is expecting close to EUR12m of revenues in 2020, up from a reported EUR 8.2m in 2019.The deal follows a ten-year partnership with OP Financial in the merchant acquiring segment and continues the ongoing process of consolidation in the payments sector.

. “As we see ecommerce as one of the biggest growth areas within payments, we are very pleased to further strengthen our ability to innovate and offer the best in online payments in Finland with Checkout Finland.”The completion of the transaction is subject to approval from FIN-FSA, and is expected to close during the first half of 2021. Financial terms were not disclosed.

Source = Breaking-Finance.Com

Financial breaking news

This news 53 hits received.

Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news


Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news


Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news


Finance Breaking news Nets' subsidiary Paytrail to acquire Checkout Finland last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Routable raises $30m to bring modern biz payments to the enterprise last financial news
Finance Breaking news Routable raises $30m to bring modern biz...
Finance Breaking news SocGen issues structured product as security token on public blockchain last financial news
Finance Breaking news SocGen issues structured product as security...