| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
313 |
| Employees |
9,000 |
| Revenues (TTM) (Millions $) |
4,111 |
| Net Income (TTM) (Millions $) |
302 |
| Cash Flow (TTM) (Millions $) |
-108 |
| Capital Exp. (TTM) (Millions $) |
377 |
Business Description
Worldpay Inc, formerly known as Vantiv Inc, is a global leader in payments processing technology and merchant solutions. The company is headquartered in Cincinnati, Ohio, and has operations in over 40 countries across the world.
Worldpay provides technology solutions that enable merchants to accept various forms of electronic payments, including credit and debit cards, electronic wallets, mobile payments, and more. The company offers a wide range of payment processing services to businesses of all sizes, from small startups to multinational corporations.
Some of the key products and services offered by Worldpay include payment gateways, point-of-sale systems, fraud detection and prevention tools, chargeback management, and merchant services. The company also provides specialized solutions for specific industries, such as healthcare, education, travel, and e-commerce.
Worldpay serves a diverse range of clients across multiple industries, including retail, hospitality, healthcare, education, and more. The company's clients include some of the world's leading brands, such as Amazon, Uber, Google, and McDonald's.
Worldpay has a strong focus on innovation, and the company is constantly investing in new technologies that can improve the payment experience for merchants and consumers alike. For example, the company is exploring the use of blockchain technology to enhance payment security and reduce transaction costs.
In July 2019, Worldpay was acquired by Fidelity National Information Services (FIS) for approximately $43 billion, creating one of the largest payments companies in the world. The combined company is well-positioned to drive innovation and growth in the rapidly-evolving payments technology industry.
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