Crédit Agricole: completes acquisition of Linxo
(CercleFinance.com) - The Crédit Agricole Group has completed the acquisition of Linxo Group, the leading fintech in France for account aggregation and payment initiation services.
Crédit Agricole holds over 85% of the fintech's capital. The remaining capital is held by its managers and founders.
Bertrand Chevallier, CEO of Crédit Agricole Payment Services, said, “The acquisition of this major banking aggregation player in France, a long-time partner of the Crédit Agricole Group, is an important part of our strategic aim of offering customers of the Group's banks innovative payment services that meet the highest market standards."
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