Swedish investment firm Incore Invest has signed a deal to acquire CoreOrchestration AB from Worldline for approximately €160 million. The transaction is expected to close in Q1 2026.
Founded in 2014, CoreOrchestration is best recognised as the software company behind the Software-as-a-Service (SaaS) payment orchestration platform PaymentIQ.
PaymentIQ connects merchants to over 260 payment service providers, enabling businesses to provide flexible checkout experiences and helping to support their international expansion.
Worldline says its decision to sell the business to Incore Invest will “simplify operations, optimise resource allocation, and enable increased management focus on core payment activities”.
The divestiture is part of Worldline’s wider “North Star” transformation plan that also saw the French payments company offload its electronic data management unit to SIX Group last month.
Once the acquisition is complete, Incore Invest says CoreOrchestration will “transition through a carve out process to begin operating as a standalone business”.
The investment firm adds that it “intends to work closely with the company to strengthen product packaging, sharpen execution, and capture additional growth opportunities”.
Source: https://www.fintechfutures.com/
