Congrats to Rudolf and team! Transaction confirms again the strength of the Ducth Payment ecosystem with players like Adyen, Globalcollect and Payvision being founded in NL!
ING said on Monday it has agreed to buy a majority stake in payment group Payvision as the Dutch lender looks to boost its foothold in the payment processing market. The lender’s business clients will be able to accept payments through “any channel” including online stores and through retail terminals by using the Payvision platform. Payvision, founded in 2002, allows payments through 150 currencies, 80 payment methods and has offices in the US, Europe and Asia. “Payvision’s founding team has developed a great business with a proven technology in an area where ING wants to grow,” said Ralph Hamers, ING chief executive. The group said it will buy three-quarters of Payvision. Payvision as a whole is valued at €360m.