...
Skip to content

Worldline sells off Swedish payments platform CoreOrchestration

The deal, part of an extensive turn-around plan by Worldline, is expected to close in Q1 2026 and will result in CoreOrchestration operating as a standalone company under Incore Invest’s ownership.

Worldline is currently engaged in a comprehensive overhaul of its operations, entailing the decommissioning of five platforms, integration and automation of operations, simplification of the organisation, and a renewed focus on commercial performance.

Founded in 2014, CoreOrchestration offers PaymentIQ, a SaaS platform that helps merchants centrally manage, optimise and analyse payment performance across payment providers and markets. The firm last reported revenue of c.€50 million. Following completion, the business will transition through a carve out process to begin operating as a standalone entity wholly controlled by Incore Invest.

Nicolai Chamizo, founder and CEO of Incore Invest, comments: “As a standalone company, we believe CoreOrchestration can increase speed and agility, and we look forward to supporting the team as they build the next phase of growth.”

,

The offloading of the business forms part of a move by Worldline to refocus on its core payment activities and follows agreements to divest its Mobility & e-Transactional Services in July, its North American operations in October and its electronic data management business in November. The combined cash proceeds of all four divestments  including PaymentsIQ – are expected in the range of €510-560m.