Bitcoin News
By Steven Anderson
1 / 15
PIMCO In, Apollo Out. The financial backstory here matters. Ingenico was sold to Apollo from Worldline in a deal valued…
2 / 15
AXIUM Devices and the Ingenico 360 Push. The company's product focus is pretty specific. Ingenico wants to grow its AXIUM family of Android…
3 / 15
Ingenico just reshuffled its entire top leadership. Four new executives landed in key roles after the payment terminal giant pulled off a €150 million capital reset led by PIMCO…
4 / 15
Maria Parpou steps in as chief product officer. Paul Gardiner takes the chief technology officer seat. Ieuan Owen picks up the chief revenue officer role.
5 / 15
Parpou brings serious credentials. She ran Mastercard's global gateway operations before this, and also has stints at Paysafe and Barclays behind her.
6 / 15
CEO Floris de Kort said the appointments will "strengthen every critical capability" needed to execute the company's strategy. Pretty standard CEO language, sure.
7 / 15
Ingenico hasn't detailed the exact mechanics of who gets what equity, or which creditors are involved beyond the broad strokes. Other investor identities remain undisclosed.
8 / 15
But the direction is clear enough. PIMCO's backing gives Ingenico breathing room to invest again instead of just managing debt.
9 / 15
Related: Goldman Sachs Leads with $87.4 Million in XRP ETFs Amid $1.6 Billion Inflows
10 / 15
The company's product focus is pretty specific. Ingenico wants to grow its AXIUM family of Android payment devices and push its Ingenico 360 cloud platform harder.
11 / 15
Ingenico runs over 3,000 employees globally and has tens of millions of devices deployed across more than 120 countries. It supports more than 2,500 applications.
12 / 15
The company has been in this game a long time. Back in 2015, Ingenico integrated BitPay into its point-of-sale terminals, letting merchants on the Telium system accept Bitcoin.
13 / 15
Parpou's Mastercard background probably isn't irrelevant there. She knows that world from the inside.
14 / 15
The leadership gap that these four hires fill was real. Big restructurings tend to hollow out mid-to-senior layers as people wait to see which direction the ship turns.
15 / 15
Read also: Lazarus Group Moves $30 Million Through Hyperliquid as CFTC Considers Regulation
The Currency Analytics
Want the full story?