Euronet Worldwide reports news on a global payments and cross-border transaction business serving financial institutions, merchants, brands and consumers. Updates commonly cover the company's EFT Processing, epay and Money Transfer segments, including ATM and point-of-sale services, merchant acquiring, prepaid and digital content distribution, card processing and money transfer brands such as Ria, AFEX, IME and xe.
Recurring developments include quarterly operating results, digital money transfer growth, payment-infrastructure agreements, REN platform activity, Dandelion network partnerships, stablecoin payout capabilities, common stock repurchases, investor events and board governance changes. News also tracks expansion of merchant services and card-processing relationships within Euronet's global real-time digital and cash payments network.
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.
Euronet Worldwide (NASDAQ: EEFT) reported strong Q1 2025 financial results, with notable growth across all segments. The company achieved revenues of $915.5 million, up 7% year-over-year, and operating income of $75.2 million, an 18% increase.
Key highlights include:
- Net income of $38.4 million, or $0.85 diluted EPS
- Adjusted EBITDA of $118.7 million, up 9%
- Adjusted EPS of $1.13 ($1.33 excluding one-time tax charge)
The company's performance was driven by its global payment network focusing on high-value digital payments and cross-border transactions. All three segments - EFT Processing, epay, and Money Transfer - showed positive growth. The Money Transfer segment notably expanded its network to reach 4.0 billion bank accounts and 624,000 payment locations.
Euronet (NASDAQ: EEFT) and Prosegur Cash have launched their Independent ATM Network (IAD) in Peru and the Dominican Republic as part of their joint venture branded as LATM. The initiative is supported by local financial institutions Banco Alfin in Peru and Banco BHD in the Dominican Republic.
The joint venture will deploy state-of-the-art ATMs in strategic locations, particularly in areas frequented by international travelers. The ATMs will feature LATM branding along with respective bank brands in each country. The partnership combines Euronet's Ren payments platform and ATM management services with Prosegur Cash's operational services for cash management and hardware services.
Euronet (NASDAQ: EEFT) has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results before market opening on Thursday, April 24, 2025. A conference call with accompanying slide presentation will follow at 9:00 a.m. Eastern Time on the same day.
Interested participants can access the webcast through the investor relations website at http://ir.euronetworldwide.com. Those wishing to join via telephone must pre-register through the Euronet Worldwide First Quarter 2025 Earnings Call link. A replay of the webcast will be available approximately one hour after the event and remain accessible for one year on the company's investor relations website.
Euronet (NASDAQ: EEFT) reported strong financial results for Q4 and full year 2024. Q4 highlights include revenue of $1,047.3M (9% increase), operating income of $122.7M (26% increase), and adjusted earnings per share of $2.08 (10% increase). Full-year 2024 showed revenues of $3,989.8M (8% increase), operating income of $503.2M (16% increase), and adjusted EPS of $8.61 (15% increase).
The company demonstrated growth across all three segments: EFT Processing delivered double-digit growth driven by international travel and merchant acquiring business; Money Transfer showed strong results with 33% growth in digital transactions; and epay achieved strong performance in digital branded payments and mobile growth.
Looking ahead, Euronet anticipates 2025 adjusted EPS growth of 12% to 16% year-over-year. The company maintains a strong financial position with $1,278.8M in cash and cash equivalents and approximately $1,335M available under revolving credit facilities.
Euronet (NASDAQ: EEFT) has scheduled the release of its fourth quarter and full year 2024 earnings results before market opening on Thursday, February 13, 2025. The company will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss the results.
The conference call and slide show presentation will be accessible via webcast through the investor relations website. Participants wishing to join by telephone must pre-register through the Euronet Worldwide Fourth Quarter 2024 Earnings Call link. A webcast replay will be available approximately one hour after the event and remain accessible for one year on the company's investor relations website.