Vishal Pasari & Oscar Munoz on how Euronet Worldwide is positioning itself to capitalise on revolving credit and BNPL demand while helping banks modernise Euronet Worldwide is making a strategic push into credit card issuing and flexible payment products, combining its established payments infrastructure with a newly acquired modern processing platform to challenge both legacyContinue reading “Euronet Targets Credit Growth With CoreCard Acquisition”
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Euronet And CoreCard Announce Merger Agreement
Euronet, a global leader in payments processing and cross-border transactions, and CoreCard Corporation (NYSE: CCRD), a leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced they have entered into a definitive agreement for Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock. The exchange ratioContinue reading “Euronet And CoreCard Announce Merger Agreement”
Euronet expands product suite with $248m CoreCard acquisition
Global payments services company Euronet has entered a definitive agreement to acquire CoreCard Corporation, a US-based credit technology solutions provider. The acquisition values CoreCard at approximately $248 million, or $30 per CoreCard share. The deal is structured as a stock-for-stock merger transaction with an exchange ratio between 0.2783 and 0.3142 shares of Euronet common stockContinue reading “Euronet expands product suite with $248m CoreCard acquisition”