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Worldpay, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2019 10-Q, filed Aug 6, 2019. Its latest SEC filing is a SC 13G/A from Feb 14, 2020.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Processes electronic payments for merchants and financial institutions, offering payment acceptance, transaction processing, and issuer services such as card processing and fraud protection.

Who Were Their Customers?

Merchants of different sizes and financial institutions, including regional banks, community banks and credit unions, are reached through direct sales teams and referral partners; some services are marketed under partners’ brands.

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q2 FY2019, the three months to Jun 30, 2019
Revenue
▲ +7%
vs $1B in Q2 FY2018
Net income
▲ Now profitable
vs −$2.9M in Q2 FY2018
  • Jul 31, 2019 FIS completed its acquisition of Worldpay Worldpay shares converted into rights to FIS shares and cash under the merger terms.

International merchant processing The older report describes merchants across the United States; the latest report adds an international merchant base and global eCommerce capabilities through the Worldpay combination.

Who Did They Compete With?

Competes with Chase Paymentech Solutions, Bank of America Merchant Services, First Data, Global Payments, Citi Merchant Services, Barclays, Wells Fargo, Elavon, Total System Services, Adyen, PayPal, Square, Stripe, Fidelity National Information Services, Fiserv, Jack Henry & Associates, and Mastercard

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