2023: Top five mergers and acquisitions
FinTech Futures takes a look back at some of the biggest mergers and acquisitions of 2023.
Worldpay
Visa expands stablecoin settlement pilots in push to modernise cross-border payments
Visa will utilise the Solana blockchain in a bid to speed up settlement times for merchants.
FinTech Futures: Top five stories of the week – 7 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
The transaction is expected to close by Q1 2024, subject to regulatory approvals and closing conditions.
FIS reportedly in talks to sell majority stake in Worldpay for $15bn
Sources tell Reuters that FIS will keep a minority stake in the business if the deal goes through.
Standard Chartered partners Worldpay from FIS to expand payment collections offering
With the partnership, the bank aims to expand the footprint of its solution across Asia and other markets.
Banking Technology Magazine March 2023 issue out now
Cover story: FACE OFF – Confrontation can be a good thing.
FinTech Futures: Top five stories of the week – 17 February 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FIS reveals plans to spin off merchant business unit
FIS expects the spin-off to be completed within the next 12 months.
Payment Systems Regulator outlines card-acquiring market remedies
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
Mollie appoints former Worldpay exec Michaela Weber as VP of partnerships
Mollie is looking to boost its global partner network.
OpenPayd hires former Worldpay VP Daniel Belda to head up product strategy
Belda spent the best part of five years in senior positions at Worldpay before moving to OpenPayd.
SumUp selects Worldpay from FIS to support global expansion
London-based SumUp supports more than 3.5 million merchants across 30 markets.
OKCoin partners Worldpay to expand global merchant acquiring
Cryptocurrency exchange wanted “a proven and experienced partner”.
UK lenders call on government for £5bn to help SMEs before month end
The group is welcoming all UK lenders to join the effort to keep British SMEs afloat.
Nigerian paytech Flutterwave raises $35m, partners with Worldpay
Flutterwave has become Worldpay’s only African payments partner.
Worldpay teams with ACI to power APM acceptance
Offering Alternative Payment Methods can increase merchants’ conversion rates.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
FIS acquires Worldpay for $34bn
The resulting merger will have an enterprise value of approximately $43bn.
Top fintech stories this week – 20 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Worldpay and Mastercard partner for UK digital payments push
Worldpay will offer Mastercard’s Pay by Bank app from early 2019
Worldpay, AEVI and PAX team up for smart POS tech
Offering a single software platform for merchants.
Payments round-up: 11 January 2018
Featuring lots of partnerships – with Ripple, MoneyGram, Worldpay, Iyzico, MSTS and Apruve.
Payments round-up: 10 January 2018
With special guest stars Worldpay, Como Global, Mastercard, Here Technologies, Dream Payments and Wirecard.
Top fintech stories this week – 8 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Klarna to fuel payments for Worldpay
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
Payments round-up: 29 November 2017
No quiet days, and no respite from the action. Our latest paytech round-up stars Instarem, Form3, Starling Bank, Optile and Worldpay. Singapore-headquartered start-up Instarem has expanded into Malaysia, “solidifying its presence” in Asia Pacific (APAC). The firm already has individual and corporate customers in Singapore, Australia and Hong Kong. Instarem says it has licences in […]
Visa Direct expands to Europe
Visa has unveiled its European debut of Visa Direct, its real-time payments platform that allows for person-to-person (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.
Fintech funding round-up: 5 October 2017
Four of the latest stories in one for a fast fintech funding round-up. Features SalaryFinance, Featurespace, Worldpay, Invoke Capital, ESF Capital and ThinCats.
Mobile Contactless Hits £370 Million in U.K. in H1 2017
Mobile contactless transactions in the U.K. topped £370 million (US$476 million) in the first six months of 2017, a whopping 336 percent year-on-year increase, according to the latest transaction data from payments processor Worldpay. (Infographic included.)
Top fintech stories this week – 11 August 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Vantiv and Worldpay agree on $10.4bn merger
Vantiv and Worldpay each reported double-digit profit growth on Aug. 9 and announced that their respective boards have agreed to an £8 billion (US$10.4 billion) merger. The combined company, which will be called Worldpay, will be valued at approximately £22.2 billion (US$28.8 billion).
Top fintech stories this week – 7 July 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Vantiv and Worldpay agree on key points of potential merger
Vantiv, a US-based payment processing and technology provider, and Worldpay, its counterpart in the UK, have reached “an agreement in principle on the key terms of a potential merger”.
Worldpay marks the PoC for VR payments
Researchers at Worldpay are investigating how shoppers can pay using a credit or debit card while remaining within a virtual environment. As part of its real ambitions, the payments firm has created a proof of concept (PoC), with the aim to provide the “same levels of convenience, and security” that shoppers have in-store and online, […]
New name in the UK challenger bank space – ClearBank
The bustling UK challenger bank scene has grown by another addition, ClearBank. It is a brainchild of Nick Ogden, founder and former CEO of WorldPay.
Worldpay launches IoT hackathon
Global payments provider Worldpay has teamed up with Consult Hyperion, MongoDB and Visa Europe Collab to host its first internet of things (IoT) hackathon in London in September. The event aims to foster innovation and encourage participants to apply technology to integrating payments. Two themes will flow through the 48-hour hackathon – the “Smart City” […]
Worldpay revenue rises, heads down under with Australia licence
Global payments provider Worldpay reported a 10% rise in revenue to £2.1 billion for the six months to the end of June, and is expanding in Australia after winning its licence to process payments. Despite recently suffering two weeks of turmoil, which saw millions of payments affected through one of its gateways, the company’s revenue […]
WorldPay’s world of pain ends
Global payments provider WorldPay says it has put an end to two weeks of turmoil which saw millions of payments affected through one of its gateways. The company had experienced a fretful fortnight which saw many customers unable to receive cash from e-commerce sites (and other non-fintech ones). This led to a boisterous backlash and […]
