Worldline welcomes Crédit Agricole as a long-term shareholder
Paris La Défense, 22 January 2024.
Worldline welcomes the announcement that was disclosed this morning by Crédit Agricole of its c. 7% stake in its share capital as a long term shareholder.
Crédit Agricole is an important commercial partner of Worldline and the two groups have entered into a long-term strategic partnership in merchant services, which was announced in H1 2023. This alliance would enable the creation of a joint-venture with the ambition of becoming a major player in the French market, leveraging on the technological performance and innovation capabilities of Worldline, combined with the commercial strength and distribution networks of Crédit Agricole, further supporting Worldline strategy as a leading player in the European payment market.
The stake in Worldline share capital is a testament to the strategic evolution of the European payment market and of the importance of this partnership as well as of the quality of the payment solutions that Worldline offers to its merchant and banking clients.
February 28, 2024 - FY 2023 results
- Sandrine van der Ghinst
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- Hélène Carlander
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Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.4 billion euros revenue in 2022. 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.