Cur­rence iDEAL

HVG Law advises Currence iDEAL on the sale of iDEAL to European Payments Initiative (EPI)

Transaction

EPI is a payment platform supported by a group of major European banks.

iDEAL is the market leader and the Netherlands’ biggest online payment system, used by consumers to make millions of online purchases and donations every day. iDEAL is owned by Currence, whose shareholders are ABN AMRO, ING and Rabobank. Through the takeover, ABN AMRO and Rabobank will also become shareholders in EPI alongside ING.

"We are very proud to be advising Currence iDEAL on this landmark transaction."