DWF has advised Worldline on the acquisition of the remaining 45% of shares in SoftPos from minority shareholders leaving Worldline as the sole shareholder.
Worldline is a financial services and settlement and payment services company.
SoftPos is a Polish IT company that has developed an application allowing mobile phones to function as payment terminals.
According to DWF, the acquisition involved purchasing the 45% stake held by minority shareholders, adding to the 55% of shares that Worldline acquired in 2022. With full ownership of SoftPos, Worldline aims to strengthen its position in the payment services market by integrating SoftPos's technology into its portfolio.
The DWF team included Senior Counsel Radoslaw Biedecki and Associate Kamil Ciodyk.
