2022 figures Worldline’s revenue for the full year came in at €4.36 billion, registering a 10.7% rise compared to 2021. Moreover, the number exceeded the expectation of 8 to 10% growth. The payments firm’s operating margin before depreciation and amortization (OMDA) stood at €1.13 billion, accounting for 26% of the revenue. Net income Group share…
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Under the terms of the deal, Equals had to make an initial £1.0 million cash payment, which as now been paid. This will be followed by three deferred payments one of up to £0.25 million in cash and two of £0.5 million, one in cash and the other in ordinary shares in Equals. According to…
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The acquisition deal is strategic move for Equals, as the fintech firm currently does not have these two authorisations. Ian Strafford-Taylor, CEO of Equals, commented: The platform, underlying technology, and licences that we are acquiring fit well with our stated strategy of providing payments solutions to our B2B customer base. The ability to provide our…
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Markus Schwab, CEO of Yuh, said: Our community not only wants smooth management of their finances, but also brings along a great climate awareness. That's why eBill was also at the top of our to-do list from the very beginning. We are all the more pleased about the latest addition to the yuhniverse. Earlier in…
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He believes that the acquisition will strengthen PayPoint’s digital payments offering. Wiles added: More specifically, the proposed acquisition would jointly target growth in three broad areas: prepayment saving through Park Christmas Savings to support customers with budgeting tools for Christmas and other events; an enlarged full-service offering for gifting, employee rewards and benefits to Appreciate…
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Jennifer Barker, CEO of Treasury Services at BNY Mellon, said: End customers want greater choice in how they are paid, but with so many digital payment options emerging, businesses are struggling to stay up to date with, and connected to, the latest capabilities. Vaia does the heavy lifting to ensure that our clients' end customers…
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Additionally, Renovite has a presence in India and the UK and has provided services to J.P. Morgan since 2021. Viren Rana, CEO & founder, Renovite, commented: Renovite’s mission is to provide modernized infrastructure in the cloud with the latest technology, agility and in-depth knowledge of the payments landscape. We are very proud of the team…
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The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…
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David Tirado, vice president of business development at Revolut, said: Revolut builds seamless solutions for its customers. That means access to quick and easy payments and our collaboration with Stripe facilitates that. We share a common vision and are excited to collaborate across multiple areas, from leveraging Stripe’s infrastructure to accelerate our global expansion, to…
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The Guaranteed Payments solution is currently available across the Signifyd Commerce Network. The new tool focuses on maximizing revenue by delivering increased merchant approval rates, providing guaranteed chargeback protection and creating a faster integration experience for merchants. Guaranteed Payments is now fully integrated into the Worldpay from FIS platform. Vicky Bindra, Chief Product Officer at…
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