How much did RBS sell WorldPay for?
WorldPay changes hands for $43 billion nine years after RBS sold off its majority stake for a fraction. WorldPay has been taken over in a deal worth $43 billion (£32 billion), nine years after Royal Bank of Scotland sold its majority stake in the digital payments company.
What is WorldPay card transaction?
Worldpay Is a Merchant Services and Payment Processing Provider Offering a Payment Gateway for Online Transactions. The company is now known as ‘Worldpay from FIS’ since its acquisition. They are a leading global payments technology business with over 30 years of experience in merchant services and online processing.
Where is Worldpay based?
London , United Kingdom
Worldpay Group
| Type | Subsidiary |
|---|---|
| Headquarters | London , United Kingdom |
| Key people | Sir Michael Rake (Former Chairman) Philip Jansen (Former CEO) Ron Kalifa OBE (Vice Chairman and former CEO) |
| Services | Payment Services, Payment gateway |
| Revenue | £4.5408 billion (2016) |
Who bought Worldpay?
FIS
FIS (NYSE: FIS) today announced the closing of its acquisition of global payments leader Worldpay, Inc., creating a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12 billion in pro forma revenue and more than 55,000 employees.
Can WorldPay be trusted?
Worldpay has been accredited by the BBB since 2010 and currently has a C- rating. It’s normally quite unusual for a BBB-accredited company to have anything less than an A rating.
Who is the CEO of RBS WorldPay?
NatWest was acquired in 2002 by Royal Bank of Scotland Group (RBS) which renamed the business RBS WorldPay and appointed Ron Kalifa as CEO. RBS expanded the business significantly by acquiring and merging a number of payment solutions companies from different countries.
Who is the current owner of Worldpay Group?
It is not to be confused with Dibit. Worldpay Group plc (formerly RBS WorldPay) was a payment processing company. It was acquired by FIS in July 2019 for $43 billion. It was listed on the London Stock Exchange until 16 January 2018 when it was acquired by Vantiv to form Worldpay, Inc.
How to get Worldpay support in the UK?
Worldpay Support Select your territory If you operate in the UK, click herefor UK Support. If you operate around the world, click herefor Global Support.
When was Worldpay sold to Vantiv for £10 billion?
Worldpay was one of the few exits in the global FinTech landscape when it was sold to Vantiv in 2017 for £10 billion, the biggest FinTech exit that year where the small number of FinTech exits globally is a perennial concern for investors. I met Nick at the launch of his new play, ClearBank in 2017.