Posted on 03/09/2017 at 18:24 Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by | February 8, 2021

Wirecard, a Germany-based financial services and technology company, has wrapped up the acquisition of the US-based Citi Prepaid Card Services.

Wirecard, a leading global group of companies in the area of payment processing and card issuing, can now boast more than 100 new employees in Conshohocken, Pennsylvania and an additional 20 employees in various international locations. Wirecard AG, a leading global payment and issuing company, has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid Card Services have launched over 2,500 client programs, associated with top companies and brands across the world, primarily in North America. Osborne Clarke advises Wirecard on a regular basis across several jurisdictions, both on the day-to-day business aspects on questions of payment services as well as transactions, including the takeover of Citi Prepaid Card Services, the acquisition of the Brazilian Moip Pagamentos S.A. and the Acquiring Portfolio of Lufthansa Airplus as well as acquisitions in India, South Africa and Turkey. Wirecard North America was formerly the Citi Prepaid Card Services business, which Wirecard AG acquired in 2016.

Wirecard citi prepaid acquisition

Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by Wirecard on 29 June 2016. Wirecard, a leading global group of companies in the area of payment processing and card issuing, can now boast more than 100 new employees in Conshohocken, Pennsylvania and an additional 20 employees in various international locations. With Wirecard AG has finalised its acquisition of Citi Prepaid Services. First announced in June 2016, the deal expands Germany-based Wirecard’s prepaid payment processing business in North America and brings more than 120 former Citi Prepaid employees under the Wirecard umbrella.

Posted on 03/09/2017 at 18:24 Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by | February 8, 2021

Mergers and acquisitions. Wirecard North America. (Citi Prepaid Card. Services).

ASCHEIM, MUNICH, GERMANY / ACCESSWIRE / March 9, 2017 / Wirecard AG (OTC PINK: WCAGY) () has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously

Wirecard North America is one of the market leaders in the US for the issuing of compensation, disbursement, consumer incentive and refund cards and is the second major acquisition of Syncapay after the acquisition of daVinci Payments in 2017.

Wirecard renamed the company Wirecard Jun 29, 2020 Wirecard North America was formerly the Citi Prepaid Card Services business, which Wirecard AG acquired in 2016.
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Wirecard, a leading global group of companies in the area of payment processing and card issuing, can now boast more than 100 new employees in Conshohocken, Pennsylvania and an additional 20 employees in various international locations. With Wirecard AG has finalised its acquisition of Citi Prepaid Services. First announced in June 2016, the deal expands Germany-based Wirecard’s prepaid payment processing business in North America and brings more than 120 former Citi Prepaid employees under the Wirecard umbrella.

This acquisition also allows Wirecard to expand its features so that corporate customers can benefit from services such as digital card solutions, which can be loaded in real time. The Citi Prepaid portfolio is mostly made up of incentive and compensation cards, as well as corporate payout programs for salaries or travel. The business continues to operate without any disruption 2017-03-09 · Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Get the latest financial news from Citi, the worldwide leader in consumer and corporate banking.
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The business continues to operate without any disruption

Garfield has held card product Apr 12, 2018 22. Overview of recent M&A activity. Mergers and acquisitions. Wirecard North America.