- Unicredit Bank Austria AG and Raiffeisen Bank International AG sell their Card Complete shares.
- Eavista Beteiligungswaltungs GmbH becomes a new majority owner of Card Complete with 75.1 percent.
Card Complete Service Bank AG, leading provider of credit card and payment solutions for private and corporate customers, receives a new majority owner. Eavista Beteiligungswaltungs GmbH will take over the shares of Unicredit Bank Austria AG (50.1 percent) and Raiffeisen Bank International AG (25 percent), which will keep Eavista 75.1 percent from Card Complete in the future.
24.9 percent remain with the AVZ private foundation. The conclusion of the share sale should be completed after approval by the supervisory authorities.
Eavista Beteiligungswaltungs GmbH is the property of Arif Babayev, British entrepreneur and co -founder of the DNA Payments based in Great Britain. This gives Card Complete a new partner with over 20 years of experience in the banking and financial services sector. This new partnership ensures continuity and combines Card Complete’s established market position with the expertise in Fintech innovation of the new owner.
“The transaction is a big step for both us and for card complete. It extends our activities to an important German -speaking market. Card Complete is one of the Austrian market leaders for cashless payment transactions and keeps significant market shares in a very attractive Austrian business area. This success extends over the past 40 years with a high level of trust in the brand. We are also convinced that we bring technological innovations into card complete, create new products and open up new markets for the company. We are already looking forward to the future cooperation with a great team at Card Complete and with the AVZ private foundation”, Arif Babayev and Nurlan Zhagiparov, Managing Director of Eavista and founder of the British payment service company DNA Payments Limited.
“Today we laid the foundation for an innovative and successful future,” explains Robert Wieselmayer, CEO of Card Complete. “With Eavista, we have an experienced and innovative partner at our side, who ideally supplemented us and with us to create the vision of making great things. We are ready to take the next step of our corporate development together and to expand and strengthen the market position of Card Complete – both for acceptance solutions and credit cards. We look forward to writing a success story together. “
“We believe in Card Complete and the growth opportunities of an independent payment service provider. In the new partnership with Arif Babayev in particular, Card Complete will fully exploit her potential. As an Austrian shareholder, it is particularly important to us to underline our commitment to the Vienna location and the qualified employees: to underline inside. Therefore, the AVZ is fully behind the company and remains involved, ”says Alexander Wolfgring, AVZ private foundation.
Security, continuity and stability: Card Complete remains a strong partner with a high level of trust
As an important card-full card provider in Austria with a 40-year industry experience, known for his high degree of trust on the part of customers: inside and partners: Inside, Card Complete continues to rely on the highest standards, especially for data protection and data security. The proven service quality and IT stability will remain top priority in the future and will be expanded together with the new owner. The transaction opens up attractive possibilities for Card Complete that will drive strategic growth.
Unicredit Bank Austria and Raiffeisen Bank International will offer their respective customers: In the future, credit cards directly offer
In the course of the transaction, Unicredit Bank Austria and Raiffeisen Bank International will offer their respective customers directly in the future. Card Complete and the two previous owners’ banks (UniCredit Bank Austria and Raiffeisen Bank International) have made corresponding agreements that only affect UNICREDIT Bank Austria and Raiffeisen Bank International. All other card portfolios, such as ÖAMTC, Miles & More, Diners Club and much more. Stay unchanged in Card Complete.
These changes have no effect on the basic business strategy of Card Complete as a complete card provider. In the future, Card Complete will continue to offer payment solutions for dealers: inside and credit cards for private and corporate customers: inside.
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About Card Complete
For 40 years, Card Complete has significantly shaped the development of cashless payment transactions in Austria. The only Austrian fully integrated map of card, which is one of the top providers on the credit card market, combines all elements in the value chain of cashless numbers under one roof-from the handling of the card-based payment transactions and a varied product range to credit cards, with its ‘Complete’ strategy. Until acceptance solutions for the stationary point-of sale and for the e-commerce area.
There is a highest level of security and service in all matters at the top. Card Complete offers credit cards from the brands Visa, Mastercard and exclusive Diners Club. Visa, Visa Debit, V Pay, Mastercard, Mastercard Debit, Maestro, JCB, Diners Club, Discover, American Express, Unionpay, BlueCode and Alipay are accepted on its nationwide network of acceptance points. Since October 2022, Diners Club has been a fully integrated member of Card Complete Service Bank AG. The Card Complete Group also includes DC Elektronische Payment Systems GmbH.