DLA Piper has advised Société Générale on its acquisition of Treezor, one of the leading platforms of Bank-as-a-Service in France, which provides banking services and the entire payment chain by API to many innovative companies in the financial sector.

 

This acquisition is part of the "Transform to Grow" strategy of the Société Generale Group. It ranks Société Générale as one of the major suppliers of solutions for Fintechs and neo-banks.

 

The closing of this transaction is subject to approval by the French Regulator (ACPR).

 

Contributors:

Legal advice to Société Générale:

 

The DLA Piper team was led by Sonia de Kondserovsky, corporate partner with Marie-Charlotte Mevel and Sidney Rosenberg, associates. The team was supported on banking and financial regulation aspect by Fabrice Armand, partner and Dibril Sako, associate. On tax aspect by Raphaël Béra, partner and Louise Chappey, associate. On the IT and digital aspects by Jonathan Rofé, partner and Caroline Goupil, counsel, and on the employment aspect by Philippe Danesi, partner and Eva Amor, junior associate.