Incore Invest has acquired CoreOrchestration AB for SEK 1.75 billion, establishing PaymentIQ as a standalone company focused on payment orchestration.
Incore Invest, a growth equity investor, has successfully acquired CoreOrchestration AB from Worldline for around SEK 1.75 billion. This acquisition finalizes the previously announced carve-out, enabling CoreOrchestration to function as an independent company under Incore Invest’s ownership. The transaction was completed on March 2, 2026, 2023.
Founded in 2014, CoreOrchestration has established itself in the payment orchestration sector, generating annual revenues of approximately EUR 50 million. The company will now operate with its own dedicated operational and financial structure, focusing on its flagship product, PaymentIQ, a SaaS-based platform that allows merchants to connect with over 260 payment service providers.
Incore Invest aims to support CoreOrchestration as a long-term partner, emphasizing value creation through accelerated product development and international expansion. Nicolai Chamizo, founder of Incore Invest, stated, “We see tremendous potential in CoreOrchestration and the PaymentIQ platform. With dedicated ownership as a standalone company, we believe the business can increase speed and agility and invest with a long-term mindset.”
The acquisition aligns with Incore Invest’s strategy to build a portfolio of leading platforms within the fintech sector, particularly in payments, infrastructure, and financial software. As merchants globally reassess their payment architectures amid rising complexity and performance expectations, PaymentIQ is well-positioned to play a central role in the evolving payments landscape.
CoreOrchestration’s transition to a standalone entity is expected to enhance its agility in product development and customer service. The company plans to leverage Incore’s resources to accelerate its roadmap and better meet the evolving needs of its clients. “This marks an exciting new chapter for CoreOrchestration and PaymentIQ,” said a company spokesperson. “While this transition empowers us to invest more deeply in our product and team, continuity remains our top priority.”
Looking ahead, PaymentIQ will focus on expanding its customer base and enhancing its product offerings, including the integration of additional payment service providers and the development of new features. The acquisition is anticipated to create synergies through cross-selling opportunities with existing Incore portfolio companies and potential shared services in marketing and sales.
As the fintech landscape continues to evolve, Incore Invest’s acquisition of CoreOrchestration positions both companies for future growth and innovation in the payment orchestration market.