Skroutz, the largest marketplace in Greece, announces its full investment in EveryPay, acquiring the remaining 75% of the FinTech company’s shares.
The first step of the cooperation between the two companies had started in November 2020 with the acquisition of 25% of the share capital of EveryPay to be completed today and rise to 100%.
The decision to expand the investment in EveryPay is part of the wider framework of Skroutz’s strategy which has as a central pillar the focus on providing innovative payment solutions, the security and reliability of online transactions as they play an important role in providing a flawless online shopping experience for users, says Skroutz in a related announcement.
As he points out, EveryPay will continue the implementation of the existing development plan by providing its customers with innovative and specialized payment solutions, while at the same time enhancing research and development using cutting-edge technologies to design new applications in the FinTech sector, which aim to make payments easier and safer for consumers and businesses.
Kostas Kontogiannis, Chief Financial Officer of Skroutz, said: “The extension of our partnership with EveryPay will further contribute to the realization of our goals for security in electronic transactions as well as help us to include new innovative payment solutions for the ”
Grigorios Siourounis, Co-Founder and Chairman of the Board of Directors of EveryPay, said: “Our expertise in payment services in a marketplace environment was also the key component of this strategic collaboration with Skroutz. True to our vision, we will continue our plan to create an integrated electronic payment service ecosystem, providing secure and fast transactions for both the consumer and the merchant”.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
