Global Payments buying Worldpay in $22 billion deal

Global Payments buying Worldpay in $22 billion deal

Payment processing company Global Payments is buying rival Worldpay for more than $22 billion to expand its global footprint.

Global Payments acquires Worldpay in $22.7B deal to rival Stripe, PayPal, and Adyen - Tech Startups

Global Payments is going all-in on merchant services. The Atlanta-based fintech firm announced Thursday it’s acquiring Worldpay from FIS and private equity firm GTCR in a $22.7 billion deal—one of the biggest moves in the payments space this year. The […] The post Global Payments acquires Worldpay in $22.7B deal to rival Stripe, PayPal, and Adyen first appeared on Tech Startups.

Growth in the payment processing industry is fueling consumer and business demand for electronic payments and banking

Worldpay hands planet-sized lucre to buyout barons

The payment processor once part of Royal Bank of Scotland changed hands four times between 2010 and 2023. Now private equity owner GTCR is shuffling it to Global Payments for $23 bln, more than doubling its money in the process. It’s a rare investment win in a turbulent industry.

Global Payments Merges with Worldpay in $22.7B Deal

Global Payments Inc. and Worldpay have merged their companies in a major deal valued at 22.7 billion USD, plus sold Issuer Solutions to FIS for 13.5 billion USD to create new solutions in the payments market. The strategic purchase now makes Global Payments a leading merchant solutions provider that expands their marketplace services. After the […]

Global Payments shares plunge 17% on $24 billion Worldpay deal – Sky News: The Latest News from the World

The Global Payments Company logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Global Payments shares tumbled 17% on Thursday after the company said it’s buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National Information Services. The company said that in acquiring Worldpay, […]