Cision Pr Newswire
Following successful completion of its acquisition by Apollo Funds, Ingenico, the global leader in payments acceptance solutions, today announced that it has begun operating as an independent company, appointing a new Supervisory Board to help management drive its ambitious business strategy and transformation.
Ownership by the Apollo Funds marks a new era for Ingenico as an independent company with a strong leadership team and clear strategy focused on delivering best-in-class services to our customers. Ingenico expects to accelerate its business transformation as a payments ecosystem enabler, utilising its largest global installed base, R&D capabilities, and talent to innovate its range of products and services.
Ingenico also plans to strengthen its existing offering and accelerate transition towards a greater mix of software and cloud-based services, leveraging its latest range of Android OS-based platform (AXIUM™), Terminal as a Service (TaaS) offering, and Payments Platform as a Service (PPaaS™) platform. The strategy is designed to help secure long-term development for the business and serve in the best interests of Ingenico’s customers, employees and shareholders.
Matthieu Destot will continue leading the execution of Ingenico’s strategy as a Chief Executive Officer and a Board Member. Matthieu will be supported by a new, high quality diversified Supervisory Board.