The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining. Only two segments gained ground through the four trading sessions...
GTCR’s acquisition of Worldpay is reportedly set to be the largest buyout financing since last year’s Twitter deal. Banks are preparing $9.4 billion of debt, including loans...
FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent...
GTCR is reportedly in advanced discussions to purchase a majority of FIS’ merchant business. The offer by the Chicago-based private equity group would value the payments...
FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth...
Worldpay has launched a partnership with buy now, pay later (BNPL) provider Affirm. The multi-year collaboration, announced Wednesday (May 31) makes Affirm’s Adaptive Checkout offering...
GoDaddy and Worldpay say they want to help small businesses accept payments across any channel. To that end, the two companies announced Wednesday (March 1) they have teamed up to...
FIS is banking on embedded finance and loyalty programs to re-ignite growth in its merchant business. Earnings for the payments giant came two days earlier...
FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a...