Today, Bambora, a growth-focused payments startup based in Sweden, has offered to buy Beanstream. Bambora is an established processor of electronic payments and just happens to be one of the largest payment providers in Sweden!
Since launching a mere four months ago, Bambora has been on the hunt for the best and most innovative payments entrepreneurs globally. Bambora Group is made up of a number of payment companies, including Euroline, Keycorp, dSAFE, Samport, IP Payments, MPS, DK Online and ePay. Combined, this group already handles more than $50 billion in transaction value a year.
Welcome to the Bambora Family.
When the acquisition closes, which is expected to take place in September 2015, Beanstream will be the newest addition to the Bambora family. Beanstream is joining a new, but experienced management team made up of payments industry veterans from around the globe.
With 520 employees working across three continents, Bambora understands local market demands and the many restrictions facing merchants today.
Bambora is owned by Nordic Capital Fund VIII. With a focus on putting merchants first and a mission to revolutionize the payments industry, Bambora intends to spur payments innovation in-store, online and anywhere in-between.
What to expect.
As a Beanstream merchant or partner, you can expect the same quality service you have always experienced from your friends at Beanstream.
When Beanstream joins Bambora, one of the advantages we’ll be able to offer our merchants and partners in North America will be access to the complete payments value chain – from delivering the terminal and hardware to putting the money in your bank account. With just one relationship, our merchants will be able to process omni-channel payments, as well as get instructive analytics, loyalty integration, mobile acceptance, tokenization and world-class security – and that’s just the beginning!
Helping you grow your business internationally has long been a focus at Beanstream. Joining Bambora will allow us to take Beanstream’s omni-channel platform further into international markets, from Asia-Pacific to Europe. Whether your business is growing online, locally, or around the world, we can be there – powering your payments every step of the way.
Every second there’s a commercial success waiting to happen. Let it be yours.
– The Team at Beanstream