Warburg Pincus news and trends

Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
Fintech Investments // June 13, 2023

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the installment lending platform, which Goldman Sachs acquired for $2.24 billion last March, are Apollo Global,...

WEX Gets $400M From Warburg Pincus To Boost Operations
B2B Payments // June 29, 2020

WEX has reported a $400 million investment from a partner of Warburg Pincus, which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. Melissa Smith, WEX’s chair and CEO, said the company plans to fortify...

Warburg Pincus In Talks To Buy NCR
Partnerships / Acquisitions // May 20, 2019

NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Seeking Alpha, citing a DealReporter story, reported that Warburg Pincus has been in discussions with NCR...

China’s Mofang Raises $150M In Latest Round Of Funding
Investments // March 11, 2019

Mofang Apartment, the Chinese startup that provides institutional rental apartments, has raised $150 million in venture funding. According to a report in Deal Street Asia, the Series D round of funding was led by CDPQ, the Canda-based institutional fund management company. CDPQ manages funds for...

Quick Reads
NCR Voyix Said to Weigh Sale of $3B Digital Banking Arm

July 05, 2024
Payments processor NCR Voyix is reportedly considering the sale of its digital banking operation. That sale could bring in as much as $3 billion, Reuters reported Friday (July 5), citing sources familiar with the matter. Those sources say two buyout firms — TPG and Warburg Pincus — have expressed interest in the business, which accounts […]

Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest

June 13, 2023
Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the...

Warburg Pincus In Talks To Buy NCR

May 20, 2019
NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Seeking...

China’s Mofang Raises $150M In Latest Round Of Funding

March 11, 2019
Mofang Apartment, the Chinese startup that provides institutional rental apartments, has raised $150 million in venture funding. According to a report in Deal Street Asia, the Series D round of...