Network International Acquisition, Valuation, Funding & Investors

Evertec is a full-service transaction processor and financial technology provider headquartered in San Juan, Puerto Rico, and listed on the New York Stock Exchange under the symbol EVTC. It provides merchant acquiring, payment services and business process management services in Latin America, Puerto Rico and the Caribbean, and operates in 26 Latin American countries. The company owns and operates the ATH network, one of the leading PIN debit networks in Latin America, and manages electronic payment networks that process over ten billion transactions annually. It began in 1998 as part of Banco Popular de Puerto Rico and was founded as a subsidiary of the bank in 2004. In 2010 Apollo Management acquired 51% of Evertec, and the company listed on the NYSE in 2013. It has more than 5,000 employees and has expanded through acquisitions in Colombia, Chile, Peru, Costa Rica, Argentina, Mexico and Brazil, including Sinqia, Tecnobank and Dimensa.

DLocal Ltd is focused on making the complex simple, redefining the online payment experience in emerging markets. Through its technology platform, One dLocal, the company enables world-wide enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company operates in a single operating segment, which is payment processing. The company's geographical segments include Latin America and Non-Latin America, with a majority of its revenue being generated from Brazil in the Latin America region.

Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers through a Software-as-a-Service (SaaS), secure, omni-channel technology platform. The platform integrates with a biller's financial and operational systems to provide secure and flexible processing of payments, including credit cards, debit cards, eChecks, and digital wallets, across multiple channels such as online, mobile, IVR, call centers, chatbots, and voice-based assistants. The company generates the majority of its revenue from payment transaction fees processed through its platform. Geographically, it derives the maximum revenue from the United States.

Kushki is a payments company that provides an integrated payment platform for merchants across Latin America. Its single API covers card, bank transfer, cash and wallet payments for e-commerce, mobile commerce and physical stores. The company was founded in 2017 by Ecuadorian entrepreneurs Sebastian Castro and Aron Schwarzkopf and operates in Ecuador, Colombia, Peru, Chile and Mexico. It raised a USD 8 million Series A in 2020, an USD 86 million Series B at a USD 600 million valuation in 2021 and a USD 100 million extension at USD 1.5 billion in 2022, becoming Ecuador's first unicorn. Kushki bought the Chilean gateway QVO in 2019 and the Mexican payments company Billpocket in 2022, both already recorded.

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi’s services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.

Juspay is a Bengaluru-based digital payments infrastructure provider, founded in 2012, that powers payment processing for clients including Amazon, Flipkart, Google, IndiGo, Swiggy, and banks such as HSBC. The platform has evolved from payment orchestration into a full-stack UPI platform and core payments infrastructure for banks and enterprises, processing more than 300 million transactions daily with annualized total payment volume exceeding $1 trillion. Juspay operates globally, with offices in San Francisco, Dublin, São Paulo, Singapore, and Dubai, serving more than 500 enterprises and banks across Asia-Pacific, the Middle East, Latin America, Europe, and North America.

Mollie is a payments company that provides online and in-person payment services for businesses in Europe and the United Kingdom. It was founded in Amsterdam in 2004 by Adriaan Mol and began as a way for merchants to accept payments through a single API instead of separate bank and card integrations. The platform lets merchants accept cards, local payment methods such as iDEAL and Bancontact, wallets and bank payments, and it adds financing, fraud monitoring, analytics and embedded payments for software platforms. Customers range from small online shops to larger merchants and software vendors. Mollie earns mainly from transaction fees on the payments it processes and from related financial services. It is licensed as an electronic money institution by the Dutch central bank and operates a licensed payment institution in the United Kingdom. In 2026 it completed the acquisition of the bank payments company GoCardless.

Fawry is an Egyptian electronic-payments and financial-services platform founded in 2008 and headquartered in Cairo. It connects consumers, merchants, banks, billers and government entities through physical points of sale and digital channels. Services include bill payment, merchant acceptance, collections, mobile transactions and adjacent financial products. Revenue comes from transaction fees, commissions and services sold across its payments network. Fawry is listed on the Egyptian Exchange and operates as a regulated technology-enabled payments company. ADQ acquired a 12.6% minority position in 2022 through the same negotiated Egyptian share-purchase program that covered four other listed companies. Its hybrid network links digital rails with a broad merchant footprint, supporting cash and electronic payment use cases.

OPN Holdings is a payments technology company founded in 2015 and based in Singapore. The company provides Omise, an online payment business, and OPN, which offers solutions across financial services and blockchain technology. A role model for global startup development by Japanese entrepreneurs, the company was founded in Thailand and has expanded to Japan, Singapore, Indonesia, Vietnam, and Malaysia. The company serves business and institutional customers through products and services in the payments technology market. Its commercial model is built primarily on payment-processing fees, reflecting the way customers obtain and use its offering. JIC Venture Growth Investments classifies the business in its Middle to Growth portfolio and records May 2022 for the company. The company maintains its operating website at www.opn.ooo, while JIC VGI's portfolio materials preserve the public record of the investment relationship.

Worldline is a payment service provider offering merchant acquiring, payment processing, and payment infrastructure solutions to merchants and banks.

Checkout.com is a global payment processor supporting transactions in over 150 currencies through a unified API. It delivers in-country acquiring across more than 50 countries, advanced fraud detection powered by machine learning, and comprehensive reporting dashboards. The platform accepts all major credit and debit cards alongside local methods such as iDEAL, Alipay, and Klarna. Checkout.com maintains offices in London, New York, Singapore, and 16 other locations worldwide. Launched in 2012, it serves enterprises like Sony, Revolut, and McDonald's with scalable infrastructure for high-volume payments.

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.

Paysafe Ltd is an integrated payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through capabilities in payment processing, digital wallet, and online cash solutions. The company's reportable segments are Merchant Solutions and Digital Wallets. The Merchant Solutions segment, which derives maximum revenue, services markets in North America, Canada and Europe. The Digital Wallets segment services markets in Europe, UK, North America and Latin America. It derives a majority of revenue from the USA followed by Germany, the UK, and all other countries.

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.

Stripe is a financial infrastructure company that provides payment processing and related software to online and in-person businesses. It was founded by brothers Patrick and John Collison and is headquartered in South San Francisco, California, with a second headquarters in Dublin, Ireland. Its products cover payments, billing, invoicing, tax, fraud prevention, card issuing, embedded finance for platforms, terminals and stablecoin and crypto infrastructure. Businesses running on Stripe generated 1.9 trillion US dollars in total volume in 2025, up 34 percent from 2024, and the company reported revenue of about 5.1 billion US dollars for 2024. A tender offer for current and former employees in February 2026 valued the company at 159 billion US dollars. Stripe remains privately held. As an acquirer it has bought software and payments businesses including Paystack, TaxJar, Recko, Bridge, Privy, Metronome and OpenRouter, and it has made minority investments in startups such as Monzo, Ramp, Check and Pilot.

OPay is a Lagos-headquartered mobile money platform operating in Nigeria and Egypt. The app facilitates peer-to-peer transfers, bill payments, ride-hailing, and grocery delivery backed by Opera Software. OPay issues virtual debit cards and offers microloans through its wallet, integrated with POS terminals nationwide. The service powers merchant QR payments and airtime top-ups for underserved populations.

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

China UnionPay Merchant Services is a Shanghai-headquartered subsidiary of China UnionPay launched in 2002 that processes nationwide payments for UnionPay-branded cards. It delivers acquiring services, POS terminal management, and settlement solutions to merchants and financial institutions across China.