Worldline announced the strategic sale of its Indian payment activities to BillDesk as part of a broader effort to sharpen its focus on core European payment operations and streamline resource allocation.
In parallel with the transaction, Worldline will enter into a long-term technology and software agreement under which BillDesk will continue leveraging Worldline’s advanced payment software. The partnership is designed to ensure operational continuity, reinforce the enduring value of Worldline’s technology assets, and establish a durable relationship between the two companies in one of the world’s fastest-growing payments markets. By aligning with a leading domestic payments platform, Worldline said its Indian payment activities will continue to expand under a company with deep local market expertise, scale, and longstanding merchant relationships.
Worldline emphasized that it remains strongly committed to India as a strategic talent and innovation hub. Under its North Star transformation plan, the Group will continue leveraging its existing Global Competence Centres to support Western European operations while evolving them into innovation hubs focused on building critical payment talent pools and driving automation, Gen and agentic AI initiatives at scale.
The transaction carries an enterprise value of approximately €37 million and an estimated equity value at closing of approximately €60 million. For reference, the perimeter’s deconsolidation impact on revenue, adjusted EBITDA, and free cash flow is estimated at approximately €90 million, approximately €8 million, and free cash flow neutral on a full-year basis, respectively.
Worldline said the contemplated transaction represents a significant milestone in executing its strategy to concentrate on core payment activities in Europe, streamline operations, and optimize capital allocation. The estimated cash proceeds are expected to further strengthen the Group’s financial profile, enhance strategic flexibility, and support redeployment of capital toward core operations.
The combined net cash proceeds from all previously announced disposals, including MeTS, Worldline North America, Cetrel, PaymentIQ, and Worldline India, are estimated at €540-590 million and are expected to be received in 2026.
Worldline reported revenue of €4.6 billion in 2024 and serves more than one million businesses worldwide with digital payment and transactional solutions.
Closing of the transaction is anticipated in the second half of 2026, subject to customary regulatory processes and approvals.
Support: BNP Paribas acted as the sole financial advisor to Worldline. Hogan Lovells served as international legal counsel, and Cyril Amarchand Mangaldas acted as Indian legal counsel.
