Societe Generale, a French-based financial services company, recently announced the signing of an agreement to acquire a majority stake in PayXpert, a fintech company specializing in payments services. With the proposed acquisition, the bank will be able to offer more services to offline and online retailers and further its goal of dominating the European payment acceptance market. Societe Generale would meaningfully improve its payments offering with this transaction, providing one of the most complete and innovative services on the market, particularly by expanding its omnichannel commerce solutions in Europe.
Societe Generale Announces The Proposed Acquisition of PayXpert