US fintech FIS to buy payment processor Worldpay for about $35 billion

US fintech FIS to buy payment processor Worldpay for about $35 billion

Fidelity National Information Services Inc (FIS) said on Monday it has agreed to buy Worldpay for about $35 billion. The FIS deal, valuing Worldpay at about $43 billion including debt, comes a little more than a year after US firm Vantiv paid $10.63 billion for the payments firm.

KCooper
KCooper
Jason
Jason 1 year

Not good for competition. We should be trying to avoid monopolising of industries.

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