Utrecht, 30 March 2021 – Buckaroo is proud to announce that the acquisition of Sisow, a specialist payment service provider for the SME, has been fully completed. Thanks to this acquisition, Buckaroo is offering a payment platform that helps online stores in the Netherlands and Belgium to grow their business.
Paul Scholten, CEO of Buckaroo: “We are very pleased with the pace at which the acquisition has been completed. For fifteen years now, Buckaroo has been delivering payment solutions for larger businesses that are active in Europe. And we will actively continue to do so. Now that we have teamed up with Sisow, we are able to offer our payment solutions to the SME as well.”
The Sisow acquisition has been approved by De Nederlandsche Bank (Dutch central bank). Sisow is now carrying the brand name ‘Sisow by Buckaroo’. The Sisow staff is employed by Buckaroo and will continue to work in the Helmond office.
Payment strategy for small and medium-sized enterprises (SME)
‘’The year 2020 has greatly changed consumer behaviour and expectations are that the resulting trends will accelerate in 2021’’, says Stefan Sprenkels, Head of SME Sisow By Buckaroo. ‘’Many companies had to adjust their business model and focus entirely on online business. It is important that we offer small and medium-sized enterprises online payment solutions that facilitate further growth.”
Next phase
Ruud Bakens, CEO of Sisow, indicated earlier that Buckaroo and Sisow have the right expertise and focus to realize ‘Sisow by Buckaroo’. He considers their cooperation the perfect base for a future-proof position on the MSE market due to their similar corporate culture and complementary customer bases.
Lately, there has been frequent contact between both companies on both management and departmental level. Consequently, staff has become even more positive and is looking forward to further collaboration.
About Buckaroo
It is a turbulent world and purchasing patterns are changing rapidly. Entrepreneurs who drive for change are prospering. At Buckaroo, we are convinced that each and every entrepreneur is unique. This calls for a customized payment solution. In this changing world, Buckaroo is developing payment strategies that accelerate growth. All-round payment service is our
trademark: from a smart checkout for ecommerce payments to an extensive custom solution for direct debit, subscription services, marketplace split-payments and credit management.
About Sisow
Sisow was founded in 2010 by Ruud Bakens and has become a key actor in the SME market. Their original key product was a digital invoice management system; a complete package to manage invoices. This included the option to make online payments via iDEAL. In February 2011, Sisow started as a Payment Service Provider. This resulted in a successful iDEAL link, which was gradually expanded with international payment methods such as Visa, Mastercard and Bancontact. After that, the idea emerged to offer this, transparently, as a Payment Service Provider to online stores as well.
