1POINT6 has just been approved by the BNP Paribas acquisition committee, confirming it will become a subsidiary of the banking group.
This is a new strategic step towards achieving our ultimate goal: to offer a credible European alternative to the standardised payment solutions currently available on the market.
1POINT6 has benefited from BNP’s support since its creation, and this partnership makes even more sense today as we are ready to accelerate our deployment.
Why is this a strategic integration for 1POINT6?
This new governance structure means we’ll be fully integrated in the group’s decision making. We will benefit from dedicated product, risk, and compliance committees, while maintaining full operational autonomy. This will enable us to accelerate our development in several ways:
- Access to new standards: BNP Paribas offers the robustness of a large banking group and grants us access to its risk and compliance standards while preserving our capacity for innovation.
- A wider range of tailored services: thanks to BNP Paribas’ support, we will be able to provide additional financial services such as financing solutions and buy now pay later.
- Strong foundations: we’re still an agile and flexible infrastructure, but now with the full backing of Europe’s leading bank. This makes 1POINT6 both an agile and robust player, with the long-term strength required to challenge today’s global payment giants.
A powerful alliance, combining the best of both worlds
Agility is one of our key strengths: short product cycles, tight-knit teams, and feature flags for greater flexibility and speed during product deployments. Our governance remains fully independent with specific indicators (SLAs, quality of service, time to market), aiming to effectively combine the rigour of a large banking group with the execution speed of a fintech company.
For our clients, this will translate into:
- The security and compliance of a large banking group
- Access to a wide range of services beyond payment
- The assurance of relying on a solution that is built to last
- The guarantee of a French sovereign player
With the support of our partner BNP Paribas, we will be able to offer even more comprehensive solutions, thus responding faster and more appropriately to the specific needs of each sector and each partner.
1POINT6, the leading financial infrastructure in Europe for regulated platforms
1POINT6 now combines the agility of a fintech company, the security of an ACPR-authorized solution, and the robustness of a major European banking group. This strategic step brings us closer to our ultimate ambition: to make 1POINT6 the leading financial infrastructure in Europe for regulated platforms.
