Press release

10.07.2025

Isatis Capital supports One Prepaid in a primary transaction

This transaction enables One Prepaid, a platform specializing in the technical processing and distribution of gift cards and prepaid vouchers, to reorganize its shareholding structure in order to accelerate its growth.

Founded in 2020 following the carve-out of the prepaid card processing business from the Prosodie Group (Capgemini) by Stéphane Assuid and key members of the original team, One Prepaid supports retail brands in the design, implementation, technical processing, and omnichannel distribution of gift card and prepaid voucher programs.

The company benefits from over 20 years of recognized expertise and currently serves around fifty clients, including major French and international brands such as Fnac Darty, Yves Rocher, Monoprix, and Printemps.

One Prepaid has demonstrated strong and sustained growth, driven by a favorable market context with rising adoption of prepaid cards and by its comprehensive support offering tailored to retailers. In 2024, the company processed nearly one billion euros in transactions. Since 2022, it has recorded annual revenue growth of 30%, combined with solid profitability, thanks to a recurring business model and proven operational efficiency.

With the support of ISAI and Isatis Capital, One Prepaid aims to accelerate its commercial development in France and abroad, continue to expand its product offering, and pursue strategic external growth opportunities. Isatis Capital is investing through its Expansion funds, dedicated to supporting innovative SMEs in their growth initiatives.

I am very pleased to welcome ISAI and Isatis Capital as partners to support the structuring and strong ambitions of the group. Our technical platform, execution capabilities, and close relationships with retailers enable us to deploy high-impact prepaid programs. This transaction will allow us to accelerate our growth alongside partners who share our values of excellence.

Stéphane Assuid

CEO & Founder of One Prepaid

We are delighted to support Stéphane Assuid and the One Prepaid teams in the strong growth of their company. The performance and innovation of One Prepaid’s technical platform were key factors in our investment decision.

Lucas Cornette

Lucas Cornette

Investment Director at Isatis Capital