Natixis completes the acquisition of PayPlug and confirms its ambitions on the e-commerce market
Natixis has just completed the purchase of a majority interest in PayPlug, thereby reinforcing its development ambitions for the Payment business line in France and Europe. The deal(1) is coupled with a €7m capital increase for PayPlug, designed to fund the rapid growth of this new-generation online payment solution.
Created in 2012, PayPlug provides the first online payment solution specifically designed for SMEs.
PayPlug disrupts traditional online payment acceptance with its simplicity. It enables online sellers to process credit card transactions with the highest level of security and fraud protection. Customised payment pages, sales optimisation tools and Smart 3D-Secure are some of the features that have already convinced thousands of merchants in Europe.
In October 2016, PayPlug became a Licensed Payment Institution regulated by ACPR.
More information on www.payplug.com
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Press Relations, Natixis
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