Natixis Aims for Merchants with Wynd

The French start-up Wynd announces a €72M funding round from several investors, and Natixis, subsidiary of BPCE, is taking a stake in this FinTech, too. This transaction also involves an industrial partnership between Natixis Payments and Wynd.

Goals: Craft an innovative payment solution intended to streamline omni-channel payment and checkout processes, while assisting merchants through their digital transformation.
Wynd’s multi-channel solution (which sets links between digital and physical contexts) will be combined with online and omni-channel payment solutions by Natixis Payments and Dalenys. The new SaaS platform would then allow merchants to:
- Feature online ordering services (including Click & Collect options)
- Turn their stores into warehouses for their e-commerce business
- Better manage waiting time and avoid that customers should have to checkout in-store
- Design wallets to merge orders, payment and loyalty
- Seamlessly manage payments (allow customers to only specify their bank information once, and apply this to all channels)

Supporting Wynd’s growth ambitions. With this new funding round, Wynd intends to hire more employees, speed up their development processes for AI modules, and massively invest in R&D.
International expansion. Wynd is already present in Morocco, Dubai, Hong Kong and Bangkok. They now aim for Germany, the UK, Italy and Spain.
Natixis Payments building relationships with merchants. Natixis Payments keeps relying on the FinTechs they acquired (Dalenys) and their e-wallet (S-Money) to assist merchants through their digital transition while enhancing their range of services, as the current trend praises seamlessness on all channels.

Just a few days ago, Natixis teamed up with Casino to craft an e-wallet for Cdiscount. Their focus on the BtoB sector is once again highlighted.
This partnership will then contribute to enhancing Natixis Payments’ merchants-dedicated services. Wynd could walk its way up and challenge far-reaching software vendors such as Oracle.

Category : Alertes quotidiennes