Oney : signature of a cooperation agreement with Ingka Group, the largest IKEA retailer, in three European markets

Jeudi 9 février 2023

Oney has initiated a cooperation with Ingka Group, the largest IKEA retailer, to offer new payment and financing facilities to the Swedish home furnishing retailer customers in selected European markets. This unprecedented endorsement started in Portugal in January and will be extended to Belgium and Netherlands, in an omnichannel way, during 2023. 

This cooperation agreement with one of the world’s leading furniture manufacturers confirms Oney ambition to become the European leader in the Buy Now Pay Later (BNPL) market. Ingka Group, the largest IKEA retailer, will join its ecosystem of 16,000 partners. 

With the support of its two shareholders, BPCE (50.1%) and Elo (formerly Auchan Holding, 49.9%), Oney brings together the best of banking and retail. Within Groupe BPCE, Oney is part of BPCE Digital & Payments, a new division combining payment, digital and data expertise.

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