Tag Archives: Payments

Projective Group expands its payments strategy expertise with the acquisition of Thede Consulting

GIMV

Projective Group is excited to announce the acquisition of Thede Consulting, a prominent German management consultancy specialising in Payments and digitalisation strategy. This move aligns with Projective Group’s growth plan, enhancing its position in the financial services and adjacent sectors and increasing its presence in the DACH region. This next step in Projective Group’s growth journey is realised with the continued support of Gimv, demonstrating its trust in the company’s vision, capabilities, growth potential and impact in financial services.

Andre Standke, Managing Partner of Thede Consulting said: “We are excited to become an active part of Projective Group, a move that marks a significant milestone for our firm and our clients. It empowers us to cover the entire value chain, delivering true end-to-end solutions with a European reach. We look forward to leveraging the synergies with Projective Group to provide our clients with even more comprehensive strategic guidance on their business models and successfully implement these strategies with the additional integrated services. Moreover, their culture with its people-first approach aligns perfectly with our values. As part of the group, we are convinced that we will create significant value for our clients and employees – truly an ideal match.”

The acquisition of Thede Consulting significantly bolsters Projective Group’s capabilities, expanding its local team to approx. 100 professionals across key locations such as Frankfurt, Munich, Hamburg, and Switzerland and its global team to 1 200 people. This expansion broadens the range and quality of services offered to clients and enhances the capacity to manage larger and more complex projects.

Stefan Dierckx, CEO of Projective Group: “Thede Consulting’s expertise in payments strategy will be crucial as we work together to deliver tailored solutions in the payments sector. With the rapidly evolving payments landscape, increasing regulatory demands, and the rise of digital and real-time payment solutions, Thede Consulting joining Projective Group couldn’t be timelier.“

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Market Pay strengthens its contactless payment expertise with the acquisition of Dejamobile

Anacap

Market Pay, the European and omni-channel payment platform, today announces the acquisition of Dejamobile, a French fintech leader in mobile and connected equipment payment solutions.

Dejamobile becomes a subsidiary of Market Pay

Dejamobile develops digital transaction software solutions targeting the payment, transport and retail industries. Its white-labelled solutions are marketed globally to merchants, banks, fintechs and merchant service providers. Certified according to market standards, Dejamobile solutions enable them to offer innovative and certified digital payment solutions based on the latest technologies (NFC, HCE, Token, QR Code).

Market Pay and Dejamobile have already successfully partnered pre acquisition by developing PayWishâ, an innovative service for mobile purchasing experiences through a contactless payment application on Android smartphones and tablets.

This investment allows Market Pay to onboard integrate a leading, mobile transaction technology offering with substantial adoption potential, to further strengthen Market Pay’s international footprint in the payments industry.

Dejamobile’s market leading expertise in both digital and contactless payments complements the full range of in-store and e-commerce payment services already offered by Market Pay. The Dejamobile team, made up of developers and engineers, will support and strengthen Market Pay’s R&D teams.

This deal is the second acquisition for Market Pay this month, following the acquisition of the Acoustic Payment platform. These developments represent part of an ambitious growth plan for Market Pay following AnaCap’s acquisition of a majority stake in April 2021.

Houssem Assadi, CEO and co-founder of Dejamobile, commented:

“Dejamobile’s founders and employees are excited to join Market Pay to build a leading fintech on an international scale. The range of innovative solutions developed by Dejamobile since 2012, as well as its ecosystem of customers and partners, provides Market Pay with new assets in its ambitious development project. The synergy created by the integration of Dejamobile within Market Pay will accelerate Market Pay’s rate of development and will benefit all our customers and partners.”

Frédéric Mazurier, CEO of Market Pay, commented:

“Dejamobile is a strategic acquisition for Market Pay. It strengthens our technological expertise as well as our strategic positioning in our various markets while also accelerating the ability to expand Market Pay’s international footprint. The Dejamobile team, which has already developed innovative solutions partnering with us, will become core to Market Pay’s R&D processes on all mobile payment related activities. Following the Acoustic Payment investment, this additional acquisition further demonstrates our desire to rapidly grow the business and internationalise.”

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