In brief: Crédit Mutuel Arkéa offers a Partner Dematerialization Platform

Credit Mutuel Arkéa has just announced the acquisition of Seqino, a digital solution made in France specializing in electronic billing. Today, this acquisition allows Crédit Mutuel Arkéa to get hold of Seqino's registration as a Partner Dematerialisation Platform (PDP) and to strengthen its position in a competitive market.

Credit Mutuel Arkéa presents the acquisition of Seqino as a means for the bank to offer a turnkey solution for invoice management and cash optimization for its end customers including ETI, SME and TPE.

Its new registration as a Partner Dematerialization Platform (PDP) will also allow it, via Seqino's solution, to offer its white-label services to other banks and accounting firms.

Continue its strategy

The acquisition of Seqino by Crédit Mutuel Arkéa represents a strategic confirmation for the entire group since Credit Mutuel Federal Alliance had for his part makes the choice, as of September 2024, to be approved as a PDP partner dematerialisation platform (through its technological subsidiary Euro-Information).

Responding to competition

This strategic buy-back decision comes in a context of strong mobilisation for banking players as the obligation to switch to e-invoicing approaches. It is planned for France by September 2026.

The group Agricultural credit se mobilised thus in October 2024 announcing the registration of its two subsidiaries, Doxallia and Kolecto, as Partners Dematerialization Platforms (PDPs). Just before, in September, BPCE had redeemed iPayThat. The La Poste Group can count on Docapost.

And historical groups must also rely on competition from alternative actors who defend aggressive strategies, such as Qonto.

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