French e-payments leader Synalcom merges with fintech startup Qori to launch Sylq

Daniel Maurice-Vallerey, CEO of Sylq and Tony Delalande, President of Sylq | Image credit: Sylq

Paris-based Synalcom, a company that claims to be one of France’s largest electronic payment solutions and service providers, announced on Wednesday that it has merged with mobile-first payments fintech Qori to launch Sylq.

Founded in 2021 by Alain Falys and Daniel Maurice-Vallerey, Qori has developed a payment system that allows merchants to accept card, bitcoin and bank purchases on any payment terminal or mobile device via a single app using QR codes and NFC technology.

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The platform also helps companies incorporate pricing and benefits for client loyalty, increasing customer retention.

“Challenging Adyen and Stripe”

According to Synalcom, this merger with Qori will place Sylq at the top of the payments industry, making it one of the leading multi-channel players in the European market.

Sylq aims to facilitate European retailers’ payment needs, allowing them to focus on real value-adding actions for their business.

The firm will provide businesses with an integrated payment solution that supports card, bank transfer and cryptocurrency transactions on any Android and iOS device, as well as remote and online payments.

Across Europe, Sylq will offer, adapt, assist and manage terminals.

President of Sylq, Tony Delalande, says: “Sylq will revolutionize the European payments landscape, directly challenging Adyen and Stripe.”

“Sylq provides merchants with sales terminals, payment platforms and assisted onboarding along with 24/7 support in French and English. With over 150 employees and a customer-centric approach, Sylq is the market-leading all-in-one business partner available in all European countries.”

Sylq will have direct access to a significant customer base thanks to Synalcom’s vast market reach, and Qori will add a fintech platform that will provide businesses with a cutting-edge payment experience.

Synalcom believes that the Sylq offer will be a step ahead of the competition and will become the payment system of choice for all European businesses.

About Synalcom

Founded in 2007 by Tony Delalande, Synalcom provides retailers, merchants, healthcare professionals and banks with a wide range of payment products and services. This includes a large selection of payment terminals and associated infrastructure.

The company currently supports over 20,000 businesses in France and has deployed over 230,000 payment terminals.