Rev Worldwide takes over Global Payments' consumer business.

BANKING AND CREDIT NEWS-August 3, 2022--Rev Worldwide takes over Global Payments' consumer business


Global Banking News - 03 August 2022

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Rev Worldwide, Inc (Rev), a US-based international fintech company, has taken over some businesses of Global Payments (NYSE: GPN), a provider of payment technology and software solutions.

Rev has, in association with funds advised by Searchlight Capital Partners, LP, signed an agreement to acquire the Netspend consumer business from Global Payments. The deal is to be completed for an all-cash transaction valued...

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