Worldpay, Inc.

This article is about the company formerly known as Vantiv. For the original UK Worldpay acquired by Vantiv, see Worldpay Group plc.
Worldpay
FormerlyMidwest Payment Systems (1971–2003)
Fifth Third Processing Solutions (2003–2011)
Vantiv (2011–2018)
Company typePrivately held company
IndustryFinancial services, Merchant services, Technology, Payment processor
Founded1971; 53 years ago (1971)
Headquarters
Cincinnati, Ohio
,
United States
Key people
Charles Drucker (CEO)
RevenueUS$4.9 billion (2023)[1]
OwnerGTCR (55%), FIS (44%)
Number of employees
8,500 (2024)
Websitewww.worldpay.com

Worldpay is an American multinational financial technology company and payment processing company. Worldpay provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies.[2]

With $4.9 billion in revenue as of 2023, Worldpay ranks as one of the largest non-bank merchant acquirers in the world processing $2.2 trillion in transactions annually.[3] With 8,500 employees, the company is headquartered in Cincinnati, Ohio with its international headquarters in London and 40 offices across 25 countries.[4] As of February 2024 Worldpay is co-owned by GTCR with a majority ownership interest of 55% and FIS retaining a 45% ownership interest.[5]

Worldpay's merchant base includes customers in vertical markets including retail, restaurant, government, e-commerce, supermarket, drug store, business to business and consumer services. Its financial institution base includes a range of financial institutions, including regional banks, community banks, credit unions and regional personal identification number (PIN) debit networks.[6]

  1. ^ "FIS Reports Full-Year 2023 Results, Introduces 2024 Outlook, Raises Future Forward Expectations and Announces $500 Million Increase to Share Repurchase Goal". FIS Investor Relations. FIS. Retrieved 16 July 2024.
  2. ^ "About Worldpay". Worldpay. Retrieved 16 July 2024.
  3. ^ "Worldpay, one of the largest payment processors in the world, making Cincinnati its global headquarters". WCPO 9 Cincinnati. 12 December 2023. Retrieved 16 July 2024.
  4. ^ "Our Worldpayers". Worldpay Careers. Worldpay. Retrieved 12 July 2024.
  5. ^ "Worldpay Begins Operating as Independent Company". Worldpay. Retrieved 16 July 2024.
  6. ^ Chapman, Tom (7 February 2024). "How Worldpay Became a Leader in Payments Tech and Solutions". fintechmagazine.com. Retrieved 16 July 2024.