News in Brief

G+D Expands in Digital Payments

Banknote and payment solutions provider Giesecke+Devrient has doubled its stake in the software company Netcetera to 60%. G+D joined Netcetera as a strategic partner in September 2020 to accelerate the company’s growth in digital payment solutions, among others.

The share transfer is planned for February 2023, at which point Carsten Wengels, who heads up global sales and distribution for the digital and card-based payment business at G+D, will take over as CEO.

‘With its focus on software solutions that are essential to the success of customers and their business processes, Netcetera complements and strengthens Giesecke+Devrient’s digital portfolio,’ said Ralf Wintergerst, CEO of G+D and Chairman of the Board of Netcetera.

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