EVO Payments

Atlanta, United States Founded: 1989 • Age: 37 yrs Acquired By Global Payments
Global payment solutions are provided by EVO Payments, Inc.
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About EVO Payments

EVO Payments is a company based in Atlanta (United States) founded in 1989 was acquired by Global Payments in August 2022. It operates as a SaaS (Software-as-a-Service), Commission-Based, and FinTech. EVO Payments has completed 13 acquisitions, including Anderson Zaks, ClearONE and ClearOne. EVO Payments offers products and services including EVO Snap*, Merchant Services, and Integrated Payment APIs. EVO Payments operates in a competitive market with competitors including Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others.

  • Headquarter Atlanta, United States
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Evo Payments, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $504.75 M
    0
    as on Dec 31, 2017
  • Net Profit
  • EBITDA
    $84.14 M
    1
    as on Dec 31, 2022
  • Latest Funding Round
    $150 M (USD), Post-IPO

    Mar 29, 2020

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Anderson Zaks

    & 12 more

  • Acquired by
    Global Payments

    (Aug 01, 2022)

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Products & Services of EVO Payments

EVO Payments offers a comprehensive portfolio of products and services, including EVO Snap*, Merchant Services, and Integrated Payment APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Integrated payment solutions are provided for global merchants.

Merchant payment processing services are offered worldwide efficiently.

APIs for payment integration are developed for developers.

People of EVO Payments
Headcount 1000-5000
Employee Profiles 45
Employee Profiles
People
Jim Kelly
CEO
People
Kevin Cozzolino
Senior Sales Account Executive
People
Mark Pearson
Programme Manager, Integration, Transformation & Development
People
Michael Garbedian
Regional Sales Manager

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Funding Insights of EVO Payments

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $150.0M
  • First Round

    (01 Dec 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Post-IPO - EVO Payments Valuation

investors

MDP
Dec, 2017 Amount Debt – Conventional - EVO Payments Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EVO Payments

EVO Payments has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Madison Dearborn Partners and Global Payments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward key sectors by MDP.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EVO Payments

EVO Payments has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Anderson Zaks, ClearONE and ClearOne. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Payments are collected for businesses via wallets and transfers.
2016
School payments and fees are processed via a specialized platform.
2014
Agent-based payment solutions are facilitated for transfers and invoicing.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - EVO Payments

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Evo Payments Comparisons

Employees
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Competitors of EVO Payments

EVO Payments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment services and analytics solutions are provided for businesses.
domain founded_year HQ Location
Payment processing, POS and Gift Card services
domain founded_year HQ Location
Electronic payments and transaction processing solutions are offered globally.
domain founded_year HQ Location
Payment issuance and processing solutions are provided for businesses.
domain founded_year HQ Location
Card-issuing and payment processing solutions are offered to businesses.
domain founded_year HQ Location
Merchant acquiring and card processing services are provided in Brazil.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Evo Payments

Frequently Asked Questions about EVO Payments

When was EVO Payments founded?

EVO Payments was founded in 1989 and raised its 1st funding round 28 years after it was founded.

Where is EVO Payments located?

EVO Payments is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

What is the annual revenue of EVO Payments?

Annual revenue of EVO Payments is $504.75M as on Dec 31, 2017.

What does EVO Payments do?

Payment technology and services are offered by EVO Payments, Inc. to merchants worldwide. Operations span over 50 markets with support for 150 currencies. Solutions include integrated payment processing, merchant services, and APIs for developers. Sectors served include small to multinational enterprises, financial institutions, and government entities. A focus is maintained on secure, innovative, and reliable payment systems. Partnerships with ISVs, ISOs, and VARs are nurtured to enhance business opportunities. Global expansion and omni-channel processing are prioritized for comprehensive merchant support.

Who are the top competitors of EVO Payments?

EVO Payments's top competitors include Worldpay, Adyen and Euronet Worldwide.

What products or services does EVO Payments offer?

EVO Payments offers EVO Snap*, Merchant Services, and Integrated Payment APIs.

How many acquisitions has EVO Payments made?

EVO Payments has made 13 acquisitions, including Anderson Zaks, ClearONE, and ClearOne.

Who are EVO Payments's investors?

EVO Payments has 2 investors. Key investors include Madison Dearborn Partners, and Global Payments.

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