Euronet Worldwide Inc Stock Price, News & Analysis

Euronet Worldwide (Nasdaq: EEFT) has priced a significant $850 million offering of 0.625% Convertible Senior Notes due 2030. The notes, which will mature on October 1, 2030, feature an initial conversion rate of 7.8718 shares per $1,000 principal amount, equivalent to a conversion price of approximately $127.04 per share.

The company has granted initial purchasers an additional $150 million option. Alongside the offering, Euronet will use $84.8 million for capped call transactions and $131.3 million for share repurchases. The net proceeds will be used to repay borrowings under its existing unsecured revolving credit facility.

The notes include conversion rights under certain circumstances, with Euronet having the flexibility to settle in cash, shares, or a combination thereof. The company may redeem the notes after October 7, 2028, subject to specific conditions.

Euronet Worldwide (Nasdaq: EEFT) has announced plans to offer $850 million in Convertible Senior Notes due 2030 through a private placement to qualified institutional buyers. The company will grant initial purchasers an option for an additional $150 million in notes.

The convertible notes will be unsecured obligations with semiannual interest payments. Euronet plans to use the proceeds to repay existing revolving credit facility borrowings. Additionally, the company intends to use cash reserves to: 1) Execute capped call transactions to reduce potential dilution, and 2) Repurchase up to $175 million of its common stock concurrently with the notes pricing.

The notes will be convertible into cash, Euronet common stock, or a combination of both, at the company's discretion. The specific terms, including interest rate and conversion rate, will be determined during pricing.

Euronet (NASDAQ: EEFT) reported strong Q2 2025 financial results, with revenues reaching $1,074.3 million, up 9% year-over-year. The company achieved notable operating income growth of 18% to $158.6 million, with operating margin expansion of 112 basis points.

Key strategic developments include the acquisition of CoreCard, a leading credit card issuing platform, positioning Euronet to target the $10 billion issuing market. The company also secured an agreement with a top-three U.S. bank for its Ren ATM operating system and expanded its Money Transfer segment through the acquisition of Kyodai Remittance in Japan.

Digital transactions showed strong momentum with 29% growth in direct-to-consumer digital transactions. The company maintains a robust financial position with $1.3 billion in cash and expects 12-16% adjusted EPS growth for 2025.

Euronet (NASDAQ: EEFT) has announced a definitive agreement to acquire CoreCard Corporation (NYSE: CCRD) in a stock-for-stock merger valued at $248 million, or $30 per CoreCard share. The transaction, expected to close in late 2025, will integrate CoreCard's credit card processing platform with Euronet's Ren architecture and global distribution network.

CoreCard shareholders will receive between 0.2783 and 0.3142 Euronet shares for each CoreCard share, with the final exchange ratio determined by Euronet's stock price. The merger has been approved by both companies' boards and is subject to CoreCard shareholder approval and regulatory clearances.

The acquisition aims to enhance Euronet's digital transformation strategy and expand its U.S. presence while extending CoreCard's reach to global markets. The deal is expected to be accretive in the first full year post-close.

Ria Money Transfer, a subsidiary of Euronet (NASDAQ: EEFT), has acquired a 60% majority stake in Unidos Co., Ltd., known as Kyodai Remittance, a Japanese funds transfer business. The acquisition strengthens Ria's presence in Japan and the Asia Pacific region by adding 17 Kyodai-owned stores and access to over 44,000 ATMs through Japan Post Bank and Lawson Bank locations.

Kyodai Remittance holds a distinguished Type 1 Funds Transfer Service Provider license, allowing transactions exceeding JPY 1 million (approximately USD $6,800). The integration will give customers access to Ria's global network of 624,000 locations, 4 billion bank accounts, and 3.2 billion digital wallets. This strategic move comes as Japan's remittance market grows, with USD $6.07 billion in personal remittances sent from Japan in 2024.

[ "Acquisition provides access to over 44,000 ATMs across Japan through established partnerships", "Kyodai's Type 1 license enables high-value transactions exceeding JPY 1 million", "Integration expands reach to 624,000 locations, 4 billion bank accounts, and 3.2 billion digital wallets globally", "Strategic entry into growing Japanese remittance market worth USD $6.07 billion", "15-year existing partnership reduces integration risks" ]

Euronet (NASDAQ: EEFT) has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 earnings results before market opening on Thursday, July 31, 2025.

A conference call and slide presentation will be held at 9:00 a.m. Eastern Time on the same day. Participants can access the webcast through the investor relations website or join by phone using the dial-in numbers (800)715-9871 (USA) or (646)307-1963 (international). A webcast replay will be available for one year after the event.

Ria Money Transfer and Xe, both business segments of Euronet (NASDAQ: EEFT), have announced a strategic collaboration with Google to enhance cross-border money transfer accessibility. The partnership aims to simplify the process for Google users to discover and conduct international money transfers through Ria and Xe's services.

The companies currently support 3.2 billion mobile wallet accounts, 4 billion bank accounts, 4 billion Visa cards, and 624,000 locations across nearly 200 countries. This initiative comes as the global digital remittance market, valued at $23.4 billion in 2024, is projected to grow at a CAGR of 13.5% to reach $83.2 billion by 2034.

Euronet (NASDAQ: EEFT) and PT Jalin Pembayaran Nusantara (Jalin) have been awarded the "Best Retail Payment Technology Initiative in Asia Pacific" at the Asian Banker Global Financial Technology Innovation Awards 2025. The recognition comes for their collaboration in modernizing Indonesia's national payment infrastructure using Euronet's Ren Payments Platform.

A key achievement of this partnership was the consolidation of ATM networks from Indonesia's four state-owned banks (Himbara group) into a single nationwide platform under the ATM Link brand, now operating over 4,500 ATMs. The platform supports various services including interbank ATM transactions, POS and QR code payments, and participation in ASEAN's cross-border QR payment initiative.

The initiative aligns with Indonesia's digital transformation, with Bank Indonesia reporting a 30% year-on-year growth in digital transaction volume in 2024, driven by mobile banking, QRIS usage, and fintech adoption.

Euronet (NASDAQ: EEFT) has announced a strategic partnership with Visa to integrate Visa Direct into its Money Transfer segment, which includes Ria Money Transfer, Xe, and Dandelion. This collaboration expands Dandelion's real-time payments network by adding access to 4 billion Visa debit cards globally.

The integration enhances Euronet's existing network, which already reaches 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 locations across nearly 200 countries. Customers can now send funds within minutes to Visa debit cards by simply providing the recipient's name and card number, with transactions protected by both Visa's payment security infrastructure and Euronet's compliance framework.