Euronet Worldwide
Company type | Public |
---|---|
Nasdaq: EEFT | |
Industry | Financial Services, Electronic funds transfer, Retail |
Founded | 1994 |
Headquarters | Leawood, Kansas |
Key people | Michael J. Brown (CEO), Kevin J. Caponecchi, Daniel R. Henry |
Revenue | $1413.1 million (2013) |
$118.4 million (2013) | |
$87.5 million USD (2013) | |
Total assets | $1.598 billion (2013) |
Total equity | $638.4 million (2013)[1] |
Number of employees | 4,100 |
Website | www.euronetworldwide.com |
Euronet Worldwide is a global provider of electronic payment services. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, and other electronic financial services.[2] The company was founded in 1994 and is 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.[3]
On January 23, 2002, Euronet Worldwide announced the formation of a joint venture with Hong Kong-based First Mobile Group Holdings Limited.[4]
Company operation
It operates in three segments: electronic funds transfer (EFT) processing, prepaid processing, and money transfer.[2]
- The EFT processing segment provides outsourcing and network services to financial institutions and mobile phone companies. This segment provided these services with a network of approximately ATMs and POS terminals in Europe, Asia, and the Middle-East.
- The prepaid processing segment distributes prepaid mobile airtime, and other prepaid products and collections services for various prepaid products, cards, and services. This segment operates in a network of locations in the United States, Europe, Africa, Asia Pacific, and the Middle-East. It also provides prepaid long distance calling card plans, prepaid internet plans, prepaid debit cards, and prepaid gift cards, as well as prepaid mobile content, such as ring tones and games.
- The money transfer segment provides global money transfer and bill payment services primarily in North America, the Caribbean, Europe, and Asia-Pacific.
See also
References
- ^ Euronet Worldwide Reports Fourth Quarter and Full Year 2013 Financial Results, Retrieved on February 22, 2014
- ^ a b EEFT - Profile, Yahoo! Finance, Retrieved on May 14, 2008
- ^ Euronet to Expand Business and Product Line by Acquiring ARKSYS, Euronet - Press Release, Retrieved on May 14, 2008
- ^ "Euronet Forms Asian Joint Venture with First Mobile Group".