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Area of Interest: Investments & Acquisitions

Deluxe Merchant Services

The Celero deal is expected to boost DMS profitability by more than 70%, helped by the synergies of spreading costs across a larger merchant base and improved processing efficiencies.

Visa to Buy BioCatch

For Visa, BioCatch is part of a strategy to catch fraud prior to a payment attempt. Over the last five years, Visa has invested over $13 billion in technology and infrastructure to maintain the safety and integrity of its payment ecosystem.

Visa Buys LATAM Processors

Private equity firm Advent International has sold two of the three processing businesses it owned in Argentina to Visa.

M&A in Merchant Processing and Acquiring—2025

The largest transaction in 2025 was the purchase of global merchant acquirer Worldpay by its competitor, Global Payments. Worldpay had been owned by financial services technology company FIS and private equity firm GTCR. The deal, which closed this month, was valued at $24.25 billion.

Card Issuance and Account Processing Transactions January through June 2025

In the first half of this year there were 26 acquisitions and corporate investment deals in companies that issue commercial and consumer credit, debit and prepaid cards and companies which provide card issuance processing and related support. Those transactions occurred in 16 jurisdictions. There were 10 financing deals involving commercial cards, 8 card issuance platform […]

Mastercard and Corpay Cross-Border Payments

Mastercard has made a $300-million investment in the cross-border business unit of Corpay, a corporate payments company whose shares trade on the New York Stock Exchange. The companies are already partners for Mastercard branded purchasing, fleet and prepaid commercial cards issued in the US. Collectively, those cards generate more than $50 billion annually in purchase […]