Wednesday, July 5, 2017

Payments Acquisitions - Vantiv Gets Worldpay

In the world of payments this is a huge deal.

How much do you ask?

$10B

No biggie if you want to be positioned for international payments in mobile and P2P and merchant services and more.

Huge news in finance tech.

Here is a piece of the story:

The transaction, valued at about $10 billion, is one of the most significant in the field since the financial crisis. Payment processing has become increasingly important for financial institutions as more people shop online and move money using cellphones or other digital devices.

Here is the full story:

https://www.nytimes.com/2017/07/05/business/dealbook/worldpay-vantiv

Happy Reading,

J.W. Gant

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