February 2015
Capital increase Merger
Exclusive financial advisor to PayCo and its shareholders

Deal Team

Payment Company AG:

Ferenc Szelenyi (CEO)

Corestar Partners:

Milan Bartik
Clemens Hisch



Transaction Summary

  • Payment Company AG (“PayCo”, www.paymentcompany.ch) is a highly innovative Swiss company, offering fully integrated multichannel payment solutions to merchants throughout Europe
  • PayCo completed a funding round combined with a merger with a complementary payment services specialist, to form a platform for future growth

Overview of PayCo

  • PayCo was founded in 2010 by seasoned payment services specialists, aiming at creating a simple and hassle free one stop shop solutions for merchants throughout Europe
  • PayCo’s full-service payment approach means that just one service contract is required for merchants to accept payments. PayCo then manages the merchant’s entire online payments and there is no need to negotiate individually with banks, credit card companies and payment service providers, or to perform technical updates
  • PayCo takes control of every payment process via the PayCo payment platform, negotiates contractual conditions, provides standardised data for all payment transactions, checks the credit rating of customers and also offers an integrated goods management system

Corestar Partners’ Role

  • Corestar Partners acted as exclusive financial advisor to PayCo and its shareholders, exploring funding options with a selected group of  financial investors, demonstrating Corestar’ deep expertise in advising growth companies in the payment services sector in forming strong alliances for future growth