2016-06-29

2016-07-08

Acquisition search results. Citi - Prepaid Card Services acquired by Wirecard . Citi - Prepaid Card Services . Wirecard . Jun 29, 2016 . 4.

Wirecard took over the Brazilian company MOIP in 2016. The previous year, in 2015, it entered the Indian market with the acquisition of the Great Indian Retail Group's payment business. List of Wirecard 's 14 Acquisitions, including AllScore Payment Services and MyGate With this acquisition, Wirecard AG has expanded its global presence in its core business of payment processing into the North American market. Citi Prepaid Card Services has already issued more than 2,500 card programmes for large international companies, primarily on the North American market.

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.

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 was formerly the Citi Prepaid Card Services business, which Wirecard AG acquired in 2016. Since the acquisition, Wirecard North America has remained a separate legal entity. (RTTNews) - Wirecard (WRCDF.PK) said that it successfully completed the acquisition of the business of Citi Prepaid Card Services. With this acquisition, Wirecard AG has expanded its global Wirecard AG announces that it has reached a definitive agreement with Citi Holdings to acquire the Citi Prepaid Card Services, by way of a combined share and asset deal.

In March 2017, Wirecard acquired Citi Prepaid Card Services and created Wirecard North America, entering the US market. Also in 2007, Wirecard moved into the banking by purchasing XCOM Bank AG, allowing it to issue credit and debit cards through licensing agreements with both Visa and Mastercard.

Wirecard North America is a self-sustaining entity that is substantially autonomous from Wirecard AG. Wirecard North America was formerly the Citi Prepaid Card Services business, which Wirecard AG acquired in 2016. Since the acquisition, Wirecard North America has remained a separate legal entity. 2020-07-01 2016-06-29 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.

Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by Wirecard on 29 June 2016. 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. Wirecard AG entered North America in 2016 when it acquired the Citi Prepaid Card Services business and renamed it Wirecard North America. Since the acquisition, Wirecard North America said it has Wirecard enters North America with Citi Prepaid Card acquisition as the fourth quarter of 2016. Wirecard will be assuming all current staff with more than 100 employees at the head office in Conshohocken (Philadelphia) and 20 employees at different international hubs.
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(RTTNews) - Wirecard (WRCDF.PK) said that it successfully completed the acquisition of the business of Citi Prepaid Card Services.

Overview of recent M&A activity. Mergers and acquisitions. Wirecard North America. (Citi Prepaid Card.
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2020-06-30 · Wirecard AG entered North America in 2016 when it acquired the Citi Prepaid Card Services business and renamed it Wirecard North America. Since the acquisition, Wirecard North America said it has

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. DGAP-News: Wirecard AG announces its market entry into North America by the acquisition of Citi Prepaid Card Services DGAP-News: Wirecard AG / Key word(s): Takeover Wirecard AG announces its market entry into North America by the acquisition of Citi Prepaid Card Services 29.06.2016 / 18:29 The issuer is solely responsible for the content of this announcement. NEW YORK, N.Y. (July 8, 2016) Perkins Coie teamed with law firm Osborne Clarke LLP in representing Wirecard AG, a leading global payment company, in its definitive agreement to acquire Citi Prepaid Card Services. This acquisition will extend Wirecard’s global presence into the North American market. 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. Subject to obtaining regulatory approvals and other customary closing conditions, closing is expected as early as the fourth quarter of 2016.

Apr 12, 2018 22. Overview of recent M&A activity. Mergers and acquisitions. Wirecard North America. (Citi Prepaid Card. Services). MyGate in South Africa.

Since the announcement of the acquisition of Citi Prepaid Card Services in the US (CPCS has its head office in Philadelphia, 120 employees, and is an issuer of Managing your Prepaid card is easy, just follow the simple instructions below to get. Joined Wirecard as part of its acquisition of Citi Prepaid Services. Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched over 2,500… 5 years ago. Oct 20, 2020 Wirecard North America, of Conshohocken, Pennsylvania, is the former Citi Prepaid Card Services business. Wirecard AG acquired the Citi Jun 30, 2020 Wirecard AG entered North America in 2016 when it acquired the Citi Prepaid Card Services business and renamed it Wirecard North America. Mar 10, 2017 Wirecard completes the acquisition of Citi Prepaid Card Services Wirecard has today successfully completed the acquisition of the business of Nov 5, 2019 Analyst says 'more questions than answers' over deal to acquire and the purchase of Citi's North American prepaid card business in 2016.

2017-03-10 © 2016 Wirecard AG 2 Highlights Acquisition North America 120 employees Acquisition of global Citi Prepaid Card Services Global expansion with market entry U.S. Segment leading corporate clients Closing expected as early as Q4 2016 Growth opportunities due to cross-selling effects Highly experienced management team with extensive industry network Wirecard AG announces that it has reached a definitive agreement with Citi Holdings to acquire the Citi Prepaid Card Services, by way of a combined share and asset deal. ASCHEIM, MUNICH, GERMANY / ACCESSWIRE / March 9, 2017 / Wirecard AG (OTC PINK: WCAGY) (XETRA: WDI) (FRA: WDI) 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 … List of Wirecard 's 14 Acquisitions, including AllScore Payment Services and MyGate ASCHEIM, MUNICH, GERMANY / ACCESSWIRE / March 9, 2017 / Wirecard AG (OTC PINK: WCAGY) (XETRA: WDI) (FRA: WDI) has today successfully completed the acquisition of the business of Citi Prepaid … Wirecard acquires Citi - Prepaid Card Services on 2016-06-29 for an undisclosed amount 2020-06-26 2020-06-30 Wirecard North America is a self-sustaining entity that is substantially autonomous from Wirecard AG. Wirecard North America was formerly the Citi Prepaid Card Services business, which Wirecard AG Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services – giving it an expansion into North America.