Ingenico designs and supplies payment acceptance solutions, including point-of-sale terminals and related services, and is shifting toward cloud-based payment platforms. Under new CEO Floris de Kort, the company is prioritizing product innovation, simplification of payment operations, and improving customer support. The company plans to expand its on-the-ground presence with new locations in London, San Francisco and Istanbul to place account managers, solutions engineers and customer support managers closer to customers. Ingenico has been owned by Apollo Global Management since 2022 and has faced financial pressure, including creditor talks over €1.1 billion of debt due in 2030 and a Moody's downgrade from B3 to Caa2. The business has experienced market-share erosion in terminals to lower-cost rivals such as China's PAX, prompting the strategic push toward software and cloud offerings. The recent €150 million capital infusion from a PIMCO-led investor group is intended to provide a stronger balance sheet to fund these plans and support customer-facing teams.

Total raised

$174M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2026