French companies BNP Paribas and Groupe BPCE have launched a new payment processing entity, Estreem, with both groups holding a 50% stake in the company. The joint venture (JV) is part of a ...

Groupe BPCE was formed from the 2009 merger of two retail-focused cooperative French banking and insurance companies with roots in the 19th century, Banque Populaire and Caisse d’Epargne.