Company:Bancontact Payconiq Company
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| Industry | Financial services |
|---|---|
| Predecessors | Bancontact Company, Payconiq Belgium |
| Founded | 2018 |
| Headquarters | Brussels, Belgium |
Key people | Nathalie Vandepeute (CEO) |
| Products | Mobile applications |
| Website | bancontactpayconiq |
Bancontact Payconiq Company was formed following the merger of Bancontact Company and Payconiq Belgium. The company is the Belgian market leader in financial services. Company headquarters are in Brussels, Belgium.[citation needed]
History
In March 2018 the companies declared their intention to merge with each other.[1][2][3] The merger was finalized in July. Nathalie Vandepeute became the CEO.[citation needed]
In August, the company got a capital injection from its five major shareholders from 17 to more than 32 million euros.[4]
In January 2019 the company merged its payment applications called "Bancontact" and "Payconiq" into an app called "Payconiq by Bancontact".[3][5] The app is supported by 20 Belgian banks and 290.000 Belgian stores.[6] Next to the app, the company issues debit cards under the "Bancontact" branding that can be used in physical stores and online.[7] Bancontact Payconiq is a member of the European Mobile Payment Systems Association.[citation needed]
References
- ↑ News, TBT. "The Brussels Times - Bancontact and Payconiq Belgium to merge" (in en-gb). http://www.brusselstimes.com/belgium/10804/bancontact-and-payconiq-belgium-to-merge.
- ↑ "Payconiq to merge with Bancontact in Belgium" (in en). 2018-03-27. https://www.finextra.com/newsarticle/31882/payconiq-to-merge-with-bancontact-in-belgium.
- ↑ 3.0 3.1 "Belgian payment firms Payconiq and Bancontact to merge operations" (in en-US). https://www.verdict.co.uk/electronic-payments-international/news/belgian-payment-firms-payconiq-bancontact-merge-operations/.
- ↑ "Bancontact tankt 15 miljoen euro extra kapitaal bij" (in nl). 2018-08-03. https://www.tijd.be/ondernemen/banken/bancontact-tankt-15-miljoen-euro-extra-kapitaal-bij/10037030.html.
- ↑ "Bancontact en Payconiq samen in één app" (in nl). 2019-01-23. https://www.tijd.be/ondernemen/banken/bancontact-en-payconiq-samen-in-een-app/10090215.html.
- ↑ "Belgium's Payconiq by Bancontact app launches" (in en). 2019-01-23. https://www.finextra.com/pressarticle/77040/belgiums-payconiq-by-bancontact-app-launches.
- ↑ Tanghe, Nico (27 March 2018). "Bancontact en Payconiq fuseren tot nieuwe betaalreus" (in nl-BE). http://www.standaard.be/cnt/dmf20180327_03432222.
External links
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