View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
September 4, 2015updated 04 Apr 2017 4:01pm

Equiniti wraps up TransGlobal Payment Solutions acquisition

Equiniti, a UK-based provider of finance, technology and administration services, has completed the purchase TransGlobal Payment Solutions (TPS), a foreign exchange and payments firm.

By Verdict Staff

Equiniti, a UK-based provider of finance, technology and administration services, has completed the purchase TransGlobal Payment Solutions (TPS), a foreign exchange and payments firm.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The deal was first announced on 14 July 2015.

TransGlobal offers foreign exchange payments through PayFac, a cloud based foreign exchange and payment platform servicing a global portfolio of corporate clients.

It also powers the platform for Equiniti’s foreign exchange payments business, Equiniti International Payments.

Equiniti CEO Guy Wakeley said: "Equiniti has worked in partnership with TransGlobal since the launch of Equiniti International Payments in 2011, and so the software is already fully integrated within existing operations.

"This transaction is a good example of the progress we continue to make in expanding the range of services we offer clients, thereby driving growth through high quality acquisitions."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International