Seagray Acquires Worldwide Currencies

Global Payments Acquires Worldpay from GTCR and FIS in $24.25 Billion Three-Way Transaction

April 17, 2025

Payments & Fintech

Global Payments (NYSE: GPN) completed the acquisition of Worldpay for $24.25 billion in cash and stock as part of a three-way transaction that also involved FIS. Under the deal, GTCR and FIS sold Worldpay to Global Payments while FIS simultaneously acquired Global Payments’ Issuer Solutions business (formerly TSYS).

CXNEST Ltd Acquires Currency.com

March 18, 2025

Payments & Fintech

A group of private investors operating as CXNEST Ltd has completed the acquisition of crypto exchange Currency.com from investment firm VP Capital Ltd. The new owners plan to integrate Currency.com's technology with their resources and expand the platform's presence in the U.S. and EU while maintaining uninterrupted service for existing users.

Blackstone Tactical Opportunities Makes £140M Strategic Investment in Currencies Direct

March 8, 2022

Payments & Fintech

Funds managed by Blackstone Tactical Opportunities agreed to make a £140 million minority strategic investment in Currencies Direct, partnering with the company's management and existing sponsors Palamon Capital Partners and Corsair, who will retain a majority co-controlling stake. The capital will be used to accelerate Currencies Direct’s growth—including targeted M&A—and Blackstone will join the company's board to support expansion of its digital FX and international payments platform.

Visa Inc. Acquires Currencycloud

July 22, 2021

Payments & Fintech

Visa Inc. completed the acquisition of Currencycloud, a London-based cloud payments and FX API platform, to strengthen Visa's foreign-exchange and cross-border payments capabilities. Currencycloud will continue to operate from its London headquarters and serve banks, fintechs and businesses globally; the deal builds on an existing strategic partnership between the two companies.

Foreign Currency Direct Acquires Corporate Dealing Team and Client Portfolio from Foenix Partners

February 26, 2020

Payments & Fintech

Foreign Currency Direct, a Pollen Street Capital-backed international payments and FX specialist, has acquired a corporate dealing team and associated client portfolio from Foenix Partners Ltd. The team will join Foreign Currency Direct's corporate division, Infinity International, expanding the group's corporate FX and payments capabilities and client base in the UK.

Small World Financial Services Acquires MoneyGlobe

February 25, 2020

Payments & Fintech

Small World Financial Services, the Equistone-backed UK money transfer operator, has acquired MoneyGlobe, a French international payments company. The bolt-on deal expands Small World's footprint in France and strengthens its cross-border remittance capabilities across markets including North Africa, West Africa, the Caribbean and South America; financial terms were not disclosed.