“We believe Transfast gives us the strongest platform to immediately enhance our cross-border [payments] capabilities," Mastercard says.
The Adyen IPO's auspicious performance could prompt more fintech companies to test the public markets.
The $1.05 billion acquisition will create a payments company with an annual processing volume of more than $138 billion.
The $750 million deal gives First Data access to a technology for combining card payment systems from multiple vendors into one platform.
