Global Payments acquires the 45% stake in Worldpay that Fidelity still owned and buys the 55% held by PE firm GTCR, in a deal valuing Worldpay at $24.3B
A trio of deals valuing Worldpay at $24.3 billion created a new behemoth in payment processing and cracked open a merger market that's …
Worldpay: cash will make up 14% of transactions in Asia by 2027, down from 49% in 2019, driven by the adoption of QR codes and other smartphone-based payments
Nikkei Asia : Bluesky: @lorak Bluesky: Lora Kolodny / @lorak : cash is still awesome. but. it's going extinct possibly. [embedded post]
Visa expands its USDC stablecoin settlements to Solana, partnering with Worldpay and Nuvei for pilots, and has already moved millions of USDC via VisaNet
- Visa expanded its USDC stablecoin settlement capabilities to Solana, forming partnerships with Worldpay and Nuvei for pilot programs.
US fintech group FIS plans to sell a majority stake in its merchant payments arm Worldpay to private equity firm GTCR for up to $18.5B, including $11.7B in cash
Antoine Gara / Financial Times :
Staff and analysts: FIS is spinning off Worldpay as the ~$43B deal suffered from incompatibility, Worldpay's slow response to changing customer needs, and more
Financial Times :
Florida-based FIS plans to spin off Worldpay, a payments business the fintech acquired for ~$43B in July 2019; FIS' stock has dropped ~45% since the acquisition
US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition
Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal — US-based financial technology group FIS …
Flutterwave, which provides payment services for companies operating in Africa, raises $35M Series B, led by Greycroft and eVentures, and partners with Worldpay
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa.
Fidelity National has agreed to acquire Worldpay for ~$34B in cash and stock, in the biggest deal ever in the booming international payments sector
Fidelity National Information Services Inc. agreed to combine with Worldpay Inc. for about $43 billion including debt …
Vantiv finalizes $10.4B Worldpay acquisition, says combined company will be called Worldpay
Pamela Barbaglia / Reuters :