Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Ingenico negotiating combination with German card acquirer BS Payon...

Ingenico negotiating combination with German card acquirer BS Payon... | Payments Ecosystem | Scoop.it
Ingenico Group, (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced it entered into exclusive negotiation
Vineet Anand's insight:

Ingenico and BS Payone joining hands on a JV to expand products and services across Germany, Austria, and Switzerland !

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Nets Sold to Private Equity for $5.3 Billion in Latest Payments Deal

Nets Sold to Private Equity for $5.3 Billion in Latest Payments Deal | Payments Ecosystem | Scoop.it
A consortium led by U.S. buyout firm Hellman & Friedman agreed to acquire Denmark’s Nets for about $5.3 billion, the latest bet by private equity on the payments-processing sector.
Vineet Anand's insight:

Nets sale to Private Equity firm showcases interest in payment processing ecosystem following recent Worldpay $10.4 billion acquisition by Vantiv, Paysafe acquisition by Blackstone, Bambora purchase by Ingenico... 

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Ingenico on acquisition trail

Ingenico on acquisition trail | Payments Ecosystem | Scoop.it
Ingenico is projecting a $500 million revenue boost from 'targeted acquisitions' in the payment space as it sets out a 2020 turnover objective of EUR
Vineet Anand's insight:

Ingenico recently posted EUR 2.197 billion in annual revenues and targets to achieve EUR 4 billion by 2020. Acquision has been an area of focus of Ingenico including recent attempts to acquire WorldPay. 

We will see acquisitions from both Ingenico and Verifone as greater value added services from P2P encryption, security, loyalty, apps using payment as a service model will emerge to support the terminal hardware ecosystem. 

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WorldPay to press ahead with IPO

WorldPay to press ahead with IPO | Payments Ecosystem | Scoop.it
Finextra: UK payment processor WorldPay is to press ahead with a flotation on the London Stock Exchange, snubbing a potential £6.6 billion takeover offer from French outfit Ingenico.
Vineet Anand's insight:

Ingencio PS6.6 billion offer left on the table as WorldPay seemingly presses for an October IPO. Square is looking at an IPO later this year - some exciting IPO's lining up! 

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Ingenico waits in the wings as WorldPay reconsiders float

Ingenico waits in the wings as WorldPay reconsiders float | Payments Ecosystem | Scoop.it
Finextra: The private equity owners of Worldpay are reconsidering their planned mega-flotation of the British payments company as French rival Ingenico drums up funds for a £6.6 billion takeover bid.
Vineet Anand's insight:

Ingenico tables a bid of PS6.6 billion for WorldPay takeover. The offer has prompted private equity investors to call off the IPO announcement last week!

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.