Overview
When FIS acquired Worldpay for $43 billion in 2019, it did so with the hope of stoking its own internal growth and keeping up with competitors. A little less than four years after that acquisition was announced, FIS is spinning Worldpay off into its own stand-alone company and even writing off $17.6 billion to do it.
What happened? And where do FIS and Worldpay go from here? This Javelin Strategy & Research note examines the factors that led FIS to the acquisition in the first place, why things didn’t work out as planned at the time of the purchase, how Worldpay might operate as a stand-alone business—get ready for more mergers-and-acquisition activity—and how the merchant acquiring landscape is far different now as the companies go about uncoupling.
Learn More About This Report & Javelin
Related content
Making the Most of Tap-to-Phone Technology
Digital wallets are made possible by a chip in smartphones that enables the phones to function like payment cards when they’re tapped on an accepting terminal device. Now those sam...
PCI 4.0: What Merchants Need to Know
PCI compliance has traditionally taken a vertical approach to data security, with subsequent iterations of requirements going deeper into protecting payment data. For the first tim...
Embedded Finance: What Do Merchants Want?
Software companies are fast becoming a source of financial services for small- and medium-sized businesses, and this brings up a host of questions for banks and software companies ...
Make informed decisions in a digital financial world