December 8, 2025

Incore Invest to acquire CoreOrchestration AB and take PaymentIQ into its next phase as a standalone company

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

We are pleased to share that Incore Invest has entered into an agreement to acquire CoreOrchestration AB from Worldline in a carve out transaction. The acquisition, a nine figure deal, is expected to close in Q1 2026 and will result in CoreOrchestration operating as a standalone company under Incore Invest’s ownership

CoreOrchestration AB is a Swedish software company founded in 2014, with revenue of c.€50 million, supported by solid growth and strong unit economics. Following completion, the business will transition through a carve out process to establish a dedicated standalone structure. Incore Invest will take full ownership at closing, backing the company as an active and long term owner focused on accelerating product development and commercial momentum.

At the heart of CoreOrchestration is PaymentIQ, a SaaS payment orchestration platform built to help merchants centrally manage, optimise and scale payment flows across providers and markets. Through a single integration, PaymentIQ connects merchants to more than 260 payment service providers, reducing the cost and complexity of adding new providers, supporting expansion into new markets and enabling flexible checkout experiences.

Nicolai Chamizo, Founder and CEO of Incore Invest, said: “This acquisition marks an exciting step for Incore Invest as we take full ownership of a business with high growth potential in a space we know intimately and where we see the opportunity to create long term value as active and committed owners. Their product, PaymentIQ, is a proven and highly scalable platform with an exceptional breadth of integrations. As a standalone company, we believe CoreOrchestration can increase speed and agility, and we look forward to supporting the team as they build the next phase of growth.”

The transaction also reflects Worldline’s ongoing simplification journey under its North Star transformation plan, while creating the conditions for CoreOrchestration to move faster and invest with greater focus. Our team brings deep familiarity with payment orchestration operations, including hands-on experience using platforms in both PSP and merchant environments. We intend to work closely with CoreOrchestration to strengthen product packaging, sharpen execution and capture additional growth opportunities.

Neil D’Souza, Managing Director and CEO of CoreOrchestration AB, said: “We have established PaymentIQ as one of the most comprehensive orchestration platforms on the market and the natural choice for European merchants with global ambitions. Myself and the team are incredibly excited to take the business to the next level as a standalone player in Incore Invest’s portfolio.”

This acquisition comes at a moment when merchants across Europe and beyond are reassessing their payment stacks amid rising complexity, higher performance expectations and faster market expansion. We believe the carve out will accelerate PaymentIQ’s roadmap and strengthen its role as an increasingly important layer in modern commerce, helping merchants optimise performance as they scale into new markets.

To learn more about Incore Invest get in touch via our contact page.