29 January 2018

ING acquires 75% majority stake in payments solutions provider Payvision

Klaas de VriesPete LawleyHan Shi Chen
ING has reached an agreement to acquire a 75% stake in Payvision, an international omnichannel payments service provider, valued at EUR 360 million. The founding management of Payvision will hold a 25% minority stake and will continue to lead the company. The acquisition allows ING to further invest in the payments business.

Team: Klaas de Vries, Pete Lawley, Han Shi Chen and Rutger van Boxtel.
Read more here.