Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company

Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from  Worldline. Upon closing, the previously announced carve-out has now been finalised and  PaymentIQ has been established as an independent standalone company under Incore Invest’s  ownership. The purchase price amounts to approximately SEK 1.75 billion. 

The transaction marks CoreOrchestration’s separation from the Worldline group. Founded in 2014 and  generating annual revenues of approximately EUR 50 million, the company will now operate under its own  dedicated operational and financial structure. As of closing, Incore Invest assumes full ownership and will  support the business as an active, long-term partner, with a clear focus on value creation through  accelerated product development and international expansion. 

At the core of the business is PaymentIQ, a SaaS-based payment orchestration platform. Through a single  integration, merchants can connect to more than 260 payment service providers and centrally manage,  optimise and scale payment flows across multiple markets. The platform is designed to reduce operational  complexity, shorten time-to-market and enhance flexibility in the checkout layer. 

Neil D’Souza, CEO of CoreOrchestration, commented: 

“This marks an exciting new chapter for CoreOrchestration and PaymentIQ. Becoming a dedicated  standalone company gives us a sharper focus and the agility to accelerate our roadmap, delivering even  more value to our customers. While this transition empowers us to invest more deeply in our product and  team, continuity remains our top priority; our leadership stays in place, and there will be no disruption to  service or support. With Incore Invest as an active long-term partner, we are staying true to our mission of  helping clients centrally manage and scale payment flows, but now with the increased resources to execute  faster and be even more responsive to their evolving needs.” 

A focused structure for the next phase of growth 

PaymentIQ will operate as a standalone entity with a clearer strategic mandate. This structure enables  faster decision-making and a more long-term investment horizon in a sector characterised by rapid  technological change and increasing merchant demands. 

Nicolai Chamizo, Founder and CEO of Incore Invest, said: 

“We see tremendous potential in CoreOrchestration and the PaymentIQ platform. With dedicated ownership  as a standalone company, we believe the business can increase speed and agility and invest with a long term mindset. We’re excited to work closely with the team to accelerate delivery and innovation, and to  bring even greater value to customers.” 

The transaction forms a central part of Incore Invest’s long-term fintech strategy, focused on building a  portfolio of category-leading platforms within payments, infrastructure and financial software. The  acquisition takes place at a time when merchants across Europe and globally are reassessing their  payment architectures amid rising technical complexity, higher performance expectations and accelerated  international expansion. With a streamlined structure and a fintech-focused owner, PaymentIQ is positioned  to assume a more central role in the evolving payments infrastructure landscape. 

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