Netspend has announced an official debit card partnership with the Leagues Cup, an inaugural soccer tournament taking place this summer in the U.S. The deal will see Netspend‘s new multicurrency travel wallet and payments super app, dubbed the X World Wallet, take centerstage during the...
Payments company Rêv Worldwide, in partnership with Searchlight Capital Partners, has completed its $1 billion purchase of Netspend from Global Payments. The all-cash transaction, announced Monday (May 1), puts prepaid card provider Netspend back under the control of founders Roy Sosa and Bertrand Sosa, who...
International FinTech Rêv Worldwide announced Monday (Aug. 1) that it will acquire Netspend’s consumer business from Global Payments, in partnership with Searchlight Capital Partners. The all-cash transaction is valued at $1 billion, and the acquisition brings back Netspend’s founders, Roy Sosa and Bertrand Sosa, who...
Netspend President Kelley Knutson predicts that this year will see a rise in more branded payment ecosystems across a variety of industries as brands look for innovative ways to capture and retain customers. Read his thoughts in the PYMNTS eBook, “Endemic Economics: 32 Payments Execs...
March 24, 2022
Not all that long ago, at the dawn of the millennium, money movement was no easy task. Netspend President Kelley Knutson told Karen Webster that much has changed in two decades — giving rise to what might be termed Banking 3.0 and shifting the way banking services can and should be delivered. Back in 1999, […]
February 17, 2022
Every brand can become a FinTech if they put enough time and money into the effort. The question, though, is whether they should. In an interview with PYMNTS, Netspend Senior...
February 11, 2022
The pandemic has given us all a chance to become more refined digital natives. But let’s consider for a moment that we don’t often think about what’s “behind” embedded finance...
December 15, 2021
Thanks to the digital shift during the pandemic, more non-financial entities are realizing that they need to own and improve their payments experience to enhance the overall customer experience —...
November 01, 2023
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand use of Rêv’s X World Wallet, the company said in a Wednesday (Nov. 1) news release. “With the successful integration and alignment of our people, platforms […]
July 21, 2023
Netspend has announced an official debit card partnership with the Leagues Cup, an inaugural soccer tournament taking place this summer in the U.S. The deal will see Netspend‘s new multicurrency...
May 01, 2023
Payments company Rêv Worldwide, in partnership with Searchlight Capital Partners, has completed its $1 billion purchase of Netspend from Global Payments. The all-cash transaction, announced Monday (May 1), puts prepaid...
August 01, 2022
International FinTech Rêv Worldwide announced Monday (Aug. 1) that it will acquire Netspend’s consumer business from Global Payments, in partnership with Searchlight Capital Partners. The all-cash transaction is valued at...
