Bnp Paribas Completes the Acquisiton of Floa

M&A Deals
04.02.2022 11:25 am

In a very fast-growing e-commerce market with changing uses and customer expectations in terms of payments, this operation allows FLOA, already present in France, Spain, Belgium, Italy and Portugal, to plan for a new cycle of development, by capitalizing on the European footprint, the expertise and businesses of BNP Paribas group, with a view to a wider deployment in Europe.

"We look forward to welcoming all the FLOA teams in the near future, whom I warmly welcome. Through their commitment and expertise in customer service, they have been able to develop high-quality services based on cutting-edge technology. This operation thus enables BNP Paribas to strengthen its portfolio of innovative payment and credit solutions to provide a complete offer to its customers in Europe, and is fully in line with the Group’s strong ambitions to accelerate in this growing sector", says Thierry Laborde, Chief Operating Officer of BNP Paribas.