Compass has strengthened its franchise in Buy Now Pay Later (BNPL) operations by consolidating its partnership with HeidiPay AG, in which it has acquired a majority interest. The Mediobanca Group’s consumer credit arm had already acquired a 19.5% stake in the holding company specialized in the development of digital platforms to support BNPL operations back in 2022, followed by its acquisition of Swiss subsidiary HeidiPay Switzerland AG in October 2023.

Press release here.