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 TypeDeal StatusTarget (s)Deal DateInvestor(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 onCompletedFiserv, Inc.-
Add-on, Trade SaleCompletedBypass Mobile, LLC-
BuyoutCompletedBluePay Processing, LLC-
Trade SaleCompletedPayzone UK Limited-
Add-onCompletedayCash GmbH-

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