PPRO: Leading local payments platform, sells issuing business Crosscard
- PPRO has sold its former issuing business unit, now called Crosscard S.A. to HPE Growth
- Crosscard issues e-money accounts with integrated prepaid credit and also debit Mastercard cards for consumers and businesses
- With a staff of 50 across Luxembourg and Munich, Crosscard set for high growth
- Crosscard licensed by Luxembourg’s regulator CSSF
- Crosscard part of PPRO for seven years before both companies decided to separate and focus entirely on their respective business areas
- They will also provide excellent customer experience for consumers and businesses across Europe
