FIS has completed its strategic acquisition of Global Payments’ Issuer Solutions business, formerly TSYS, while simultaneously selling its remaining 45% minority stake in Worldpay to Global Payments, marking a major milestone in its transformation as a scaled global fintech leader. Valued at an enterprise value of $13.5 billion, the acquired business will operate under the FIS® Total Issuing™ Solutions brand, significantly expanding FIS’ capabilities across credit processing, fraud, loyalty, and value-added services.
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“We are pleased to have closed this strategic acquisition ahead of schedule, enabling us to start 2026 in a strong position to deliver greater value to our financial institution and corporate clients,” said Stephanie Ferris, Chief Executive Officer and President of FIS. The combination creates one of the industry’s most comprehensive issuing data sets, enabling advanced AI-driven offerings and immediate client value. Strategically, the transaction replaces a non-cash-generating minority stake with high-margin recurring revenue, strengthens FIS’ financial profile, and is expected to generate up to $700 million in incremental adjusted free cash flow by 2028.
