Synalcom merges with FinTech Qori to launch Sylq

By Leandra Monteiro

Synalcom, one of the largest payment service providers, merges with the multichannel payment platform startup Qori to launch Sylq.

Sylq is the result of the merger of two complementary companies, founded by recognized payment specialists, combining extensive market experience and proven technical know-how.

Sylq’s mission is to simplify the daily lives of French banks, merchants and European retailers so that they can focus on real value-added actions for their business. From payment processing to terminal provisioning and maintenance, all possible payment methods (multi-channel) and app engagement functions, Sylq provides an integrated payment service ecosystem, for France and across Europe.

Commenting on the merger, Tony Delalande, President of Sylq, said, “Synalcom has built a relationship of trust with banks and tens of thousands of merchants in France. On the French market, Sylq aims to help banks maintain their flows through our services and our technical platform in a logic where we want to participate in the preservation of the interests of French payment players (Strategic Partners, Banks, Acquirers, Card Processors and e-commerce, Integrators and Resellers).

With this merger, Sylq offers its customers Banks, Partners, Merchants, Health Professionals, Retailers, a unique service offer of integrated payments by card, instant transfer or crypto on payment terminals or on any Android or iOS terminal or mobile device, with its Softpos solution, whether for face-to-face, online or remote payment. This Sylq service offering is adapted and personalized according to market segments: French Banks, Indirect Partners, International Brands.

Through Sylq, merchants currently served by Synalcom will have automatic and immediate access to a revolutionary all-in-one merchant payment platform that will enable them to create innovative and reliable customer experiences.

Daniel Maurice-Vallerey, CEO of Sylq, confirmed, “This is one of the largest mergers in the payments industry in the recent industry. Positioned as a leader in the payments industry, Sylq has the technology, customer base, financial strength and leadership to provide European merchants with powerful solutions and unmatched implementation flexibility. Sylq offers European merchants three distinct types of payments, in-store and online, and boosts reward engagement with an integrated solution, saving merchants using time, efficiency and money.