First Data Corporation
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First Data Corporation - overview
Established
1971
Location
Atlanta, GA, US
Primary Industry
Financial Services
About
Based in Georgia, US, and founded in 1971, First Data Corporation also known as New Omaha Holdings operates as a global provider of electronic commerce and payment solutions for merchants, financial institutions, and card issuers. Ric Duques, Richard Pickering are the co-founders of the company. In 2019, First Data Corporation merged with Fiserv, a payment and financial technology provider in the US. The company is listed on NYSE under the ticker symbol FDC.
The company provides payment processing solutions such as mobile, e-commerce, and point-of-sale terminals for small and large businesses and financial institutions. Its product portfolio includes merchant transaction processing services; credit, debit, private-label, gift, payroll, and other prepaid card issuing and processing; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; and internet commerce and mobile payment solutions. The STAR Network from First Data allows customers to receive cash and perform transactions securely using their ATM and debit cards.
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Analytics & Performance Software, Accounting/Finance Software
Verticals
Big Data, Big Data, FinTech, FinTech, Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
First Data Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement/Follow on | Completed | Fiserv, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Bypass Mobile, LLC | - | ||||||||
| Buyout | Completed | BluePay Processing, LLC | - | ||||||||
| Trade Sale | Completed | Payzone UK Limited | - | ||||||||
| Add-on | Completed | ayCash GmbH | - |
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