Founded 1994 Revenue 1.959 billion USD (2016) | Traded as NASDAQ: EEFT Operating income CEO Michael J. Brown (1994–) | |
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Industry Financial Services, Electronic funds transfer, Retail Key people Michael J. Brown (CEO), Kevin J. Caponecchi, Rick L. Weller, Jeffrey B. Newman, Juan C. Bianchi, Nikos Fountas, Martin L. Brückner, Cindy Ashcraft Stock price EEFT (NASDAQ) US$ 82.37 -0.58 (-0.70%)8 Mar, 4:00 PM GMT-5 - Disclaimer Profiles | ||
Euronet Worldwide is a US provider of electronic payment services with headquartered in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, and other electronic financial services.
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History
The company was founded in 1994 and with headquartered in Leawood, Kansas by brothers-in-law Dan Henry and Mike Brown.
In 1998, Euronet purchased ARKSYS, a computer software company that specialized in electronic payment and transaction delivery systems.
On January 23, 2002, Euronet Worldwide announced the formation of a joint venture with Hong Kong-based First Mobile Group Holdings Limited.
In 2013, Euronet purchased Pure Commerce, giving it access to a suite of SaaS based applications. The following year, it acquired UK-based foreign exchange broker HiFX giving it access to cross border payment business in the UK, Australia and New Zealand.
Company operation
It operates in three segments: electronic funds transfer (EFT) processing, prepaid processing, and money transfer.