The international digital payments market is undergoing a significant transformation after the announcement of a landmark three-way deal involving Global Payments $GPN, Worldpay, and Fidelity National Information Services $FIS, with participation from private equity firm GTCR. Under the terms of the agreement, Global Payments will acquire its rival, Worldpay, for $24.25 billion in a strategic move to boost its corporate client roster and strengthen its foothold in merchant services.
Mukuru Ltd. is a digital payment platform that has undergone significant transformation since its inception in 2004. Originally founded by two Zimbabweans to provide international telecommunication services, the company today encompasses a wide range of financial services and is focused on digital expansion across Africa. With over 2,000 employees and more than 17 million clients, Mukuru has become a key player in the mobile payments industry.
Klarna Group Plc, a company renowned for its digital payment solutions, has made a significant move that could reshape its position in the financial market. On Friday, the company filed a public application for an initial public offering (IPO) in the USA, which could become one of the most noteworthy IPOs of the year.
