Shares Completed Acquisition of Treezor
The fintech company has officially acquired the payment processor from Société Générale following exclusive talks.
Updated on Oct. 13, 2026 in Financial Services
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Shares has finalized the purchase of 100% of Treezor from Société Générale. The deal follows a period of exclusive negotiations that began earlier this year.
Why it matters
This divestment is part of a portfolio clean-up effort by Société Générale. Meanwhile, the acquisition allows the combined group to leverage Treezor's existing payment infrastructure across Europe.
Since 2016, Treezor has processed over €145 billion in transaction flows and issued more than 8.5 million cards. The combined entity now aims to hit €100 million in revenue by 2027.
The players
Shares
This is a fintech company with approximately 150 employees operating across France, the UK, and Poland.
Treezor
This is a payment processing company that has been authorized by the Autorité de contrôle prudentiel et de résolution since its founding.
Société Générale
This is a major French multinational financial services company that previously owned Treezor.
Benjamin Chemla
He is the leader appointed to oversee the combined group formed by the acquisition.
Cédric Cassini
He is the executive designated to continue leading the operations at Treezor.
The details
Treezor is an authorized entity under the Autorité de contrôle prudentiel et de résolution with passporting rights across 25 European Union member states. The combined group will be led by Benjamin Chemla, while Cédric Cassini will continue to lead Treezor operations.
Timeline
Treezor was founded in 2016.
Société Générale purchased Treezor in 2019.
Exclusive acquisition talks were announced on January 29, 2026.
The acquisition completion notice was published on October 6, 2026.
The group targets profitability and specific revenue goals by 2027.
Market Landscape
This move reflects the ongoing portfolio clean-up strategy by Société Générale to refine its core banking focus. By offloading specialized fintech assets, the bank is reshaping its competitive positioning while enabling independent growth for high-volume payment platforms.
Customers of both companies should see continuity in existing payment services, as Treezor remains an authorized entity. The deal primarily impacts long-term service scalability rather than immediate changes to retail pricing or individual user accounts.
The takeaway
The consolidation of these two fintech players highlights a broader trend of banks divesting from niche payment processors to focus on core operations. Investors and clients should monitor the group's progress toward its 2027 profitability targets as an indicator of the merger's success.
Further reading
For more information on current industry shifts, visit our Financial Services section.
Source note: This article includes information reported by The Industry Spread.
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