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European payments platform

Carrefour sells 60% of its Fintech Market Pay to AnaCap Financial Partners

1 min read

The FINANCIAL — Carrefour announces the disposal of a 60% stake in its Market Pay payments platform to AnaCap Financial Partners, a specialist investor in European financial services, in order to accelerate its development and diversification. This all-cash transaction values Market Pay at an enterprise value of c.300 million euros.Developed by Carrefour teams since in 2016, Market Pay is a European payments platform designed to support the Group’s omnichannel retail operations in its various geographies. It handles 1.3 billion transactions per year and manages 45,000 payment terminals and 5 million cards. It provides end-to-end support for physical points of sale…

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Carrefour sells 60% of its Fintech Market Pay to AnaCap Financial Partners

1 min read

The FINANCIAL — Carrefour announces the disposal of a 60% stake in its Market Pay payments platform to AnaCap Financial Partners, a specialist investor in European financial services, in order to accelerate its development and diversification. This all-cash transaction values Market Pay at an enterprise value of c.300 million euros.Developed by Carrefour teams since in…