Nordic Capital picks up Swedish card payment processor Euroline


fake credit card paymentEuropean private equity house Nordic Capital has agreed a deal for card payment processing business Euroline.

The Sweden-headquartered company handled SEK100bn($15bn) of transactions last year.

Fredrik Näslund, a partner at Nordic Capital Advisor NC Advisory, said, “Euroline offers businesses a simple and secure infrastructure for card transactions both online and in stores.

“Nordic Capital’s intention is to support Euroline’s further growth through the development of market leading local tailored services and to expand into new markets.”

Euroline’s services also include multi-currency support and risk management support.

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