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.