Financial services tech provider Worldpay has announced it has closed upon its previous sale and will operate as an independent company. Worldpay will be overseen by private equity firm GTCR, with a 55% majority ownership interest, while FIS, a global player in financial services technology, will retain a 45% ownership interest.

Worldpay's next chapter As an independent company, Worldpay is committed to bringing greater levels of value, innovation, and service to clients through increased investment in product development, technology, and client solutions. The company also plans to pursue strategic acquisitions across verticals and geographies to further enhance its ability to serve clients and expand its market opportunities. GTCR has committed an additional equity capital investment of up to USD 1.3 billion to pursue these opportunities.

Executive from Worldpay said they’re happy to lead the next chapter of Worldpay’s growth story as an independent company. They will be faster and nimbler while bringing even more value to their clients and partners. The Worldpay team is passionate about payments and their clients, and together they will forge the future of this evolving industry.

They’re also pleased to continue a strong partnership with FIS to preserve the end-to-end value proposition that has already benefitted so many of their clients. As part of the transaction, Worldpay and FIS have entered into a long-term commercial relationship, maintaining a strong strategic go-to-market partnership that provides both Worldpay and FIS clients continued access to a broad set of complementary solutions. Officials from FIS said that Worldpay is well positioned for enhanced growth, and they look forward to continuing the strong partnership forged between their companies through their new commercial agreements.

Cincinnati, Ohio will serve as Worldpay’s global corporate headquarters and London, United Kingdom will serve as the company’s international headquarters. Previous news from Worldpay In January 2024, NetCents and Worldpay have teamed up to drive global adoption of digital assets and cryptocurrency payments. NetCents, known for its secure solutions, will offer businesses, including corporations, SMEs, startups, Web 3, and blockchain companies, a reliable crypto payment infrastructure.

This collaboration aims to simplify cryptocurrency integration, optimise operational processes, and minimise price volatility through NetCents' user-friendly software and APIs. The partnership with Worldpay positions NetCents to swiftly integrate secure crypto payment solutions into diverse business workflows, fostering broader acceptance of digital assets. .