Merchant Acquiring
FMPay launches in Cheltenham to empower UK small businesses with simple and secure payment solutions
September 4, 2024
As part of their co-operation and co-investment in Planet, a leading provider of integrated payments, Advent International (“Advent”) and Eurazeo have today acquired Datatrans AG (“Datatrans” or “the Company”) and will now co-own the company.
Datatrans is a highly innovative, digital payment solutions provider for more than 5,000 online merchants, including sophisticated multi-national firms. With more than 20 years’ experience across a wide range of industry sectors, Datatrans has become a trusted partner for online businesses, providing them with a single payment gateway for secure payment processing and fraud prevention.
The Company also helps online businesses secure Payment Card Industry compliance more easily by using PCI Proxy, an innovative modern platform which converts sensitive card data into a token before it reaches an online merchant’s system.
Datatrans has built a strong reputation for giving its customers access to the most profitable payment methods and allowing them to fully exploit their sales potential. By offering configurable, rather than off-the-shelf solutions, Datatrans can adapt to the individual needs of online merchants. Combining the Datatrans online and digital capabilities with the in-person, global payment processing of Planet, creates an innovative new “one stop shop” that will deliver merchants’ payments needs through a single payment partner.
The new investment will support the Company’s position as the market leader in secure online payments and enable Datatrans to expand into new European markets and deliver new innovative uses for its PCI Proxy platform across Retail, Gaming and Digital services throughout North America and Europe.
“We’re excited to work with Advent and Eurazeo to fuel the next phase of growth for Datatrans,” said Thomas S. Willenborg, Chief Executive Officer at Datatrans. “The investment will extend the number of markets we can operate in and grow the number of customers we reach with PCI Proxy. The partnership with Planet will allow us to combine online and in-store capabilities to adapt to the individual needs of merchants bringing out the best for their business today, tomorrow and in the future”.
The Payments Association
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27 Clements Lane
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© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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