Mentioned Companies:

SEB Kort Buys AirPlus Cards

SEB Kort, a payment card issuer with operations in Nordic countries, will purchase 100% of Germany-based Lufthansa AirPlus Servicekarten for $495 million (€450 million) in cash. The deal is expected to close in the first quarter of 2024. AirPlus had revenues of $255 million (€231 million) last year.


Among credit card issuers in Europe, AirPlus ranked 26th largest based on purchase volume of $11.35 billion in 2022. The 472,127 AirPlus cards in circulation at year-end 2022 carried the Mastercard brand.


The company also proce...

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August 2023
Headlines in this Issue
Charts in this Issue

Europe’s Global Network Cards—Purchase Transactions in 2022 vs. 2021

Spending, Transactions and Card by Global Brand in Europe—2022 with Change vs. 2021

Market Shares of Purchase Transactions in Europe 1992 through 2022

Top 25 US Issuers of Prepaid Cards

US Visa Direct and Mastercard Send Debit Card Transfers—2022

Investments & Acquisitions—July 2022