- Treezor triples its turnover in 2019
- Treezor has noticed a 4x transactional volume growth
- Treezor clients’ successes validate its strategy and model
Treezor, a platform specialized in Banking-as-a-Service (or BaaS) launched in 2016 and acquired in 2019 by Societe Generale Group, looks back on the strong growth it has recorded over the last financial year. The company acknowledged a record turnover of almost 19 million euros – 3 times more than in 2018. The Fintech has also issued more than 850,000 Mastercard payment cards since its launch.
Treezor, now a team of 77 talents (40% of whom are women, an increasing figure), and which has just opened a new office in Brittany, will continue its expansion in 2020 with new branches in Europe, Italy and Spain being the main targets. These investments allow Treezor to strengthen its leadership position in the French market on the one hand, while developing its pan-European strategy on the other. Since 2019, Treezor already offers its products in several European countries, with new customers in Belgium, Spain, the Netherlands, Italy …
“We are very pleased to see such growth of our activity and the one of our partners. What a pride to see new record high funds raised for French Fintech, in particular with two of our oldest clients! It confirms the relevance of our model, which is based on the pooling of payment services by API, unique electronic payment and regulatory expertise, and financial solidity. We worked in 2019 to provide solutions to the problem of exponential growth of our partners. This has proven to be effective, and in 2020 our development strategy is moving towards ever more innovation with the launch of new disruptive pan-European services within the platform.” Éric Lassus, Treezor CEO and co-founder.