Paytech firms Nets and Concardis finalise merger
Both payments companies to retain their brands.
Concardis
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Paytech heavyweights Nets and Concardis to merge
Paytech firms Nets and Concardis will merge but retain their own brands.
Payments round-up: 7 November 2017
A distinctly European feel in our latest payments round-up. Stars Facebook Messenger, the UK’s Payment Systems Regulator, Concardis and AliPay. The UK will be the first country outside the US to get the Facebook Messenger payments service. Messenger was launched in the US in 2015 and lets people transfer cash during any conversation within the […]
Concardis brings Alipay to Austria and Switzerland
German payment service provider Concardis is bringing Chinese mobile payment solution Alipay to Austria and Switzerland. Clothing brand Gössl will be the first merchant in Austria to let Chinese citizens pay via smartphone and the Alipay app. The roll-out in the Swiss market is planned for October this year. In Germany, Concardis says it has […]
Private equity firms to buy German payments provider Concardis from local banks
Advent International and Bain Capital Private Equity have signed a definitive agreement to acquire Concardis, a German payment services provider currently owned by local banks. It is understood the price tag is around €700 million.
