Acquired

First Data Corporation Stock
First Data Corporation provides electronic commerce and payment solutions for merchants, financial institutions, and card issuers.
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About First Data Corporation Stock
First Data Corporation, a global leader in electronic commerce and payment processing, is headquartered in Atlanta, Georgia. Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction. Serving more than 6 million merchants and over 4,000 financial institutions worldwide, First Data's 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; as well as Internet commerce and mobile payment solutions. The company's STAR® Network enables consumers to use their ATM / debit cards to obtain cash and make purchases quickly and securely throughout the United States. STAR is one of the nation’s leading electronic funds transfer (EFT) networks, with more than 2 million retail and ATM locations. Company Structure First Data Corporation is a global provider of electronic commerce and payment solutions for merchants, financial institutions, and card issuers with operations in 34 countries, serving approximately 6.2 million merchant locations. We were incorporated in Delaware in 1989 and were the subject of an initial public offering in connection with a spin-off from American Express in 1992. On September 24, 2007, we were acquired through a merger transaction with an entity controlled by affiliates of Kohlberg Kravis Roberts & Co. (KKR) that resulted in our equity becoming privately held.
Funding History
July 2014 | $3.5B |
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Management
CEO
Frank Bisignano
President
Barry C. McCarthy
SVP Global eCommerce, First Data
Bruce Dragt
SVP Digital Commerce
Jack Stephenson
President, International Regions
John Elkins
Executive Vice President / Human Resources
Peter Boucher
Head of New Ventures
Pete Donat
Executive Vice President, Head of Financial Services
Andrew Gelb
Vice President, Business Transformation
Oliver Krantz
VP, Strategic Initiatives
Tom Eck
Press
Forbes - Apr, 9 2020
SoFi’s $1.2 Billion Galileo Buy Shows Covid-19 Can’t Halt Payments M&ANew York Times - Apr, 6 2020
U.S. Children With Coronavirus Are Less Hard Hit Than Adults, First Data ShowsForbes - Mar, 10 2020
Atolla And Face Haus NYC Unveil The World’s First Data-Driven FacialWall Streets Journal - Dec, 28 2019
Corrections & AmplificationsWall Streets Journal - Oct, 16 2019
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