Buckaroo acquires majority stake in SEPAY

Thursday 21 July 2022 12:35 CET | News

Netherlands-based payment service provider Buckaroo has bought Point-Of-Sale payment solution provider SEPAY with the support of Keensight Capital.

Thanks to its credit card acquiring capabilities and merchant onboarding process, SEPAY has distinguished itself in its ability to provide a comprehensive PoS solution, with next day implementation of its payment solutions (both mobile and fixed terminals). The company currently serves over 13,500 customers with a strong footprint in the retail industry across the Benelux and in Germany.

Buckaroo sees this acquisition as a strategic move to further strengthen its position on the SME market and its offering with an omnichannel payment solution, both to their respective clients and to new customers. SEPAY is the second strategic acquisition of Buckaroo, following Sisow in 2021. The combined group will serve 27,000 customers and process c. EUR 10 billion in transaction volume.

Commenting on the acquisition, representatives from Buckaroo stated that they are happy with the arrival of SEPAY at Buckaroo. The ecommerce landscape is growing and requires a complete payment solution. The combination of Buckaroo and SEPAY ensures a position in the payments market with an omnichannel payment solution, which includes instore payments across Europe. This way they make sure that companies, with both local and international ambitions, get paid anywhere.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ecommerce, omnichannel, POS, acquisition, SMEs
Categories: Payments & Commerce
Companies: Buckaroo, Sepay
Countries: World
This article is part of category

Payments & Commerce




Discover all the Company news on Buckaroo and other articles related to Buckaroo in The Paypers News, Reports, and insights on the payments and fintech industry:

Industry Events