visimoney
In a complex series of mergers and acquisitions, payments technology and solutions provider Worldpay has officially become an independent company after being spun out of FIS. Under the new majority owner, private equity firm GTCR, Worldpay will be overseen by CEO Charles Drucker, who aims to optimize performance and accelerate growth. Worldpay’s history involves the formation of Midwest Payment Systems in 1971 and its transformation into Vantiv, which eventually acquired Worldpay in 2017. As an independent company, Worldpay plans to invest in product development and pursue strategic acquisitions to expand its market opportunities.
