euronet

What euronet does

Euronet Worldwide, Inc. is a global payments infrastructure company headquartered in Leawood, Kansas, and listed on NASDAQ under ticker EEFT. Founded in 1994, the company operates three business segments: Payments Infrastructure (operating ATM networks, EFT/POS processing, and merchant acquiring); epay (digital content distribution, prepaid processing, and branded payments across 60+ countries); and Cross-Border Payments (consumer remittance via Ria Money Transfer and Xe, plus B2B rails via Dandelion). Euronet processed 20 billion transactions across 200 countries in 2025, generating $4.2 billion in revenue, with physical infrastructure spanning 57,326 ATMs, 1.2 million POS terminals, 721,000 epay terminals, and 631,000+ money transfer locations.

The company's technology stack is anchored by three proprietary platforms. Ren is an API-first, cloud-native payments platform supporting card-based and account-based payments, real-time rails, issuing and acquiring at global scale. CoreCard, integrated with Ren, delivers revolving credit, BNPL, and commercial card programs. Dandelion provides a single-API connection for real-time cross-border payouts reaching 4.1 billion bank accounts, 3.2 billion digital wallets, and 4 billion Visa debit cards (via the 2025 Visa Direct partnership). A 2025 Fireblocks integration extends the network into stablecoin-based settlement and treasury optimization.

Euronet monetizes through transaction fees (ATM withdrawals, EFT/POS, remittances, prepaid), enterprise SaaS subscriptions (Ren, CoreCard) under multi-year contracts, software licensing, and embedded foreign exchange spreads. Go-to-market combines direct enterprise field sales (banks, fintechs, large merchants), consumer self-service via Ria/Xe apps, a vast agent and retail network (Mooney's 45,000 POS in Italy, PLS Check Cashers, ACLEDA Bank), API/embedded integrations for B2B partners (Citi, CBA, Bank Raya, GXBank, DXC Technology), and brand-led marketing (FC Internazionale Milano, Mexican National Teams sponsorships). Key 2025-2026 strategic moves include the CoreCard merger, PaynoPain and Kyodai Remittance acquisitions, and partnerships with Citi, Commonwealth Bank of Australia, Visa Direct, Fireblocks, and Google.

Name

euronet

Legal name

Euronet Worldwide, Inc.

Website

https://eeft.com

Company type

Public

Founded year

1994

Operating status

Operating

Short description

Euronet Worldwide is a NASDAQ-listed global payments infrastructure company operating across 200 countries through three segments: Payments Infrastructure (ATMs, EFT/POS, acquiring), epay (prepaid and digital content), and Cross-Border Payments (Ria, Xe, Dandelion). It processed 20 billion transactions and generated $4.2 billion in 2025 revenue, serving banks, fintechs, merchants, and consumers via proprietary Ren, CoreCard, and Dandelion platforms.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Correspondent Banking & Liquidity Network Platforms (FSAGAKAI), FX Conversion, Pricing & Hedging Infrastructure (Treasury/Rate Engines) (FSAGAKAG)

Keywords

• Payment processing services
• Cross-border payments
• ATM network services
• Money transfer services
• Prepaid card processing

Headquarters

HQ city

Leawood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Payment Processing and Transaction Fees: Revenue from processing ATM withdrawals, EFT transactions, POS terminal transactions, and merchant acquiring services. Generates fees per transaction from financial institutions, merchants, and consumers.
2. Money Transfer Services: Revenue from cross-border money transfers through Ria, Xe, and Dandelion networks. Fees charged per transaction for cash-to-cash, account deposit, wallet, and card payouts across 200+ countries.
3. epay Digital Content and Prepaid: Revenue from digital content distribution, prepaid card processing, and branded payments across 60+ countries. Connects 1,000+ brand partners with consumers through retail and digital channels.
4. Software Licensing and SaaS: Revenue from licensing CoreCard credit card issuing software and Ren payments platform to financial institutions, fintechs, and enterprises on multi-year SaaS agreements.
5. Currency Exchange: Revenue from foreign exchange services embedded in money transfer and cross-border payment transactions.

Pricing tiers

Go-to-market motion6 records

Distribution channels8 records

Marketing channels10 records

Core offering

Euronet is a global payments infrastructure company operating three segments: Payments Infrastructure (EFT) running ATM networks and merchant acquiring services; epay distributing prepaid products and digital content across 60+ countries; and Cross-Border Payments encompassing Ria Money Transfer, Xe, and Dandelion for real-time cross-border transactions. The company also offers enterprise software platforms Ren and CoreCard for banks, fintechs and enterprises to build API-driven payment, issuing and processing capabilities.

Product overview

Euronet is a global payments infrastructure company offering a multi-segment portfolio of products. The company operates three business segments: Payments Infrastructure (EFT) powers ATM networks and merchant acquiring; epay provides digital content, payments and prepaid distribution; and Cross-Border Payments includes Ria Money Transfer, Xe, and Dandelion. Key products include Ren (API-first cloud-native payments platform), CoreCard (credit/BNPL issuing platform), and Dandelion (real-time cross-border payments API). Ren serves as the core platform for banks and fintechs, with CoreCard fully integrated for end-to-end payments. Dandelion connects financial institutions to 200 countries via single API integration.

Differentiator

Problem solved

Functional benefit

Brands

• Ren: API-first, cloud-native payments platform processing mission-critical transactions for banks, fintechs and enterprises, supporting card-based and account-based payments, real-time rails, issuing and acquiring at global scale.
• CoreCard
• Dandelion
• Ria Money Transfer
• Xe
• epay

Products and services

• Ren API-first, cloud-native payments platform processing mission-critical transactions for banks, fintechs and enterprises, supporting card-based and account-based payments, real-time rails, issuing and acquiring at global scale.
• CoreCard Modern, API-driven credit card issuing platform delivering revolving credit, buy-now-pay-later (BNPL), and sophisticated commercial card programs. Fully integrated with Ren for end-to-end payments capabilities.
• Dandelion Cross-border payments platform that enables financial institutions, fintechs and enterprises to make real-time cross-border payments via a single API across 200 countries, reaching billions of bank accounts, digital wallets, debit cards and cash payout locations worldwide.
• Ria Money Transfer Consumer money transfer service offering real-time international remittances via cash pickup, mobile wallets, account deposits and card payouts through a global network of 631,000+ locations, mobile app and website.
• Xe Currency information and consumer and business cross-border money transfer services available through website and mobile app, supporting payments to 200+ countries.
• epay Global network and platform combining digital content, payments and prepaid distribution at scale, connecting 1,000+ brand partners with consumers across retail and digital channels in 60+ countries through 721,000 POS terminals at 354,000 retailer locations.
• Payments Infrastructure (EFT) Payments infrastructure segment operating 57,326 ATMs worldwide and 1.2 million EFT POS terminals, providing payment processing services and merchant acquiring solutions for banks, fintechs, merchants and consumers.

Quantifiable outcome

• $4.2 billion total revenue in 2025
• +2 more outcomes

Named customers8 records

Segments5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature5 records

Partnerships

25 partnerships are on record, tiered strategic, flagship, core and minor.

• PaynoPainstrategicStrategic or Co-development Partner · 14 April 2026Strategic acquisition of PaynoPain enhances Euronet's merchant services footprint in Spain and Portugal and delivers advanced omnichannel payment solutions in global markets.
• DXC TechnologystrategicTechnology or Integration · 21 January 2026DXC integrates its Hogan core banking platform with Euronet's Ren platform, a modern issuing, processing and payments solution. Expands global issuing and payments capabilities.
• CrediaBankstrategicStrategic or Co-development Partner · 7 January 2026Euronet signs strategic partnership to acquire merchant acquiring business of CrediaBank in Greece. Also to provide financial services to the bank and launch account-to-account consumer digital wallet.
• Bank RayastrategicTechnology or Integration · 11 December 2025Euronet's Ren Payments Platform enables Indonesia's first digital state-owned enterprise bank. Supported launch of Bank Raya's virtual debit card as milestone in their digital payments journey.
• JalinstrategicTechnology or Integration · 24 November 2025Jalin and Euronet driving Indonesian digital payments revolution. Jalin expanded reach, cut costs, and secured Indonesia's digital payments with Euronet and its Ren Payments Platform.
• Mexican National Teams / Soccer United MarketingflagshipGTM or Marketing Partner · 18 November 2025Ria becomes official remittance services partner of both Mexican Men's and Women's National Teams. Multi-year partnership connects brand to national pride symbol. Includes presence at MexTour and MexTour W tournaments and first official send-off partner for 2026 FIFA World Cup.
• FireblocksstrategicTechnology or Integration · 16 October 2025Fireblocks enables Euronet to integrate stablecoin technology into its global payments infrastructure. Supports treasury optimization, accelerates partner settlements, reduces pre-funding needs, and enhances liquidity management. Lays groundwork for next evolution in cross-border payments with interoperability between traditional and blockchain systems.
• Commonwealth Bank of AustraliacoreStrategic or Co-development Partner · 29 September 2025Dandelion Payments agreement with CBA marking a significant milestone in CBA's commitment to delivering faster, more transparent international payment solutions. Through single integration with Dandelion, CBA customers gain access to expansive global infrastructure with real-time payment tracking, instant payouts, and enhanced compliance features.
• CiticoreStrategic or Co-development Partner · 25 September 2025Citi and Dandelion collaborate to enable near-instant, full-value cross-border payments directly into digital wallets. Leverages Citi's WorldLink Payment Services and Dandelion's extensive digital wallet network. Initially launching in Philippines, Indonesia, Bangladesh and Colombia. Empowers Citi's institutional clients to deliver B2C payments including payroll, social benefits, and gig-economy payouts.
• Kyodai RemittancestrategicStrategic or Co-development Partner · 23 July 2025Ria acquires 60% of Kyodai Remittance (Unidos Co., Ltd.) in Japan. Adds 17 Kyodai-owned stores, agents, and mobile app. Kyodai holds Type 1 Funds Transfer Service Provider license enabling high-value transactions exceeding JPY 1 million.
• GooglestrategicGTM or Marketing Partner · 9 July 2025Ria Money Transfer and Xe join forces with Google to make cross-border money transfers more accessible. Collaboration improves access to payment services and enables more digital money transfer customers to benefit from Ria and Xe's industry-leading services.
• GXBankstrategicTechnology or Integration · 10 June 2025Ren Payments Platform accelerates GXBank's market entry and growth in Malaysia's digital banking sector, delivering speed, scale, and strategic differentiation.
• Visa DirectcoreTechnology or Integration · 14 May 2025Euronet's Money Transfer segment adds Visa Direct to expand Dandelion real-time payments network. Combines Visa Direct's global reach of over 4 billion debit cards with Dandelion's best-in-class global network. Customers can send funds within minutes to 4 billion Visa debit cards.
• Smile FoundationminorStrategic or Co-development Partner · 7 May 2025Euronet and Smile Foundation partnership in Mumbai supports children's education through nutritious meals, health check-ups, and wellness awareness.
• Prosegur CashstrategicStrategic or Co-development Partner · 22 April 2025Joint venture to deploy independent ATMs across most countries of Latin America and provide comprehensive ATM As-a-Service solutions to banks and financial institutions in the region.
• Tenpay GlobalcoreTechnology or Integration · 19 December 2024Ria partners with Tenpay Global enabling digital remittances to Weixin Pay. Users worldwide can send money from Ria's digital and physical channels to wallet balances or linked bank accounts in Weixin Pay. Taps into China's large Weixin and WeChat user base.
• Save The Children FoundationminorStrategic or Co-development Partner · 22 October 2024Ria invests in Early Childhood Education project in Mexico in partnership with Save The Children Foundation and Save the Children México. Supports community child development centers near Mexico City.
• PLS Financial ServicesstrategicChannel Partner/ Reseller/ Distributor · 3 September 2024Ria becomes exclusive provider of money transfer services at over 200 PLS Check Cashers locations throughout the United States. Provides millions of PLS customers access to Ria's network of nearly 600,000 cash pickup locations across 198 countries.
• FC Internazionale MilanoflagshipGTM or Marketing Partner · 23 March 2023Ria becomes official sponsor of FC Internazionale Milano through 2025 season. Fosters closer relationship with Inter's fanbase of more than 500 million fans. Visibility through in-stadium displays, digital channels, and hospitality services.
• ACLEDA BankstrategicChannel Partner/ Reseller/ Distributor · 9 March 2023Partnership adds nearly 300 cash pickup and payout locations to Ria's network in Cambodia for total of 4,318 in the country while increasing account deposit and mobile application capabilities.
• Sikhona ForexstrategicStrategic or Co-development Partner · 3 November 2022Ria acquires Sikhona in South Africa to generate more robust cross-border money transfer services. Adds digital and physical presence with license granted by South Africa Reserve Bank. Sikhona handles significant cross-border traffic within Africa.
• RebtelstrategicTechnology or Integration · 12 May 2022Ria and Dandelion power real-time cross-border payments for Rebtel's international calling service customers. Embeds Ria's money transfer service directly into Rebtel's digital platform.
• Paytm Payments BankcoreTechnology or Integration · 27 September 2021Ria becomes first money transfer company to enable customers to send money into Paytm's approximately 333 million wallet users. Paytm becomes India's first platform to accept international remittances directly into a digital wallet.
• Banco RendimentostrategicTechnology or Integration · 10 June 2021Ria launches real-time payments in Brazil via country's PIX instant payments network through partnership with Banco Rendimento. Facilitates local BRL transfers 24/7 including weekends and holidays.
• MooneycoreChannel Partner/ Reseller/ Distributor · 27 May 2021Ria delivers services to approximately 45,000 points of sale and 20 million customers through Mooney's nationwide retail network in Italy. Later expanded to include digital partnership enabling Mooney cardholders to send money via the Mooney app.

Scale indicators13 records

Recent moves6 records

Expansion highlights9 records

Direct peers

• Western Union: Western Union is the global incumbent in consumer cross-border money transfer with a comparable agent network and brand. Directly competes with Ria and Xe across consumer remittance corridors and is the closest comparable to Euronet's Money Transfer segment.
• MoneyGram: MoneyGram is a leading global consumer money-transfer operator with a similar agent/cash-pickup footprint. Directly competes with Ria in retail remittances and increasingly in digital send, and is pursuing its own cross-border payments platform strategy.
• Wise: Wise (formerly TransferWise) is a digital-first cross-border payments specialist that competes head-on with Ria/Xe in account-to-account consumer and SMB transfers, and increasingly overlaps with Dandelion for fintech/enterprise cross-border.
• Adyen: Adyen is a global API-first payments platform serving large enterprises with unified acquiring, issuing, and cross-border capabilities. It is the closest direct competitor to Euronet's Ren platform in serving banks, fintechs, and large merchants.

Emerging players

• Remitly: Remitly is a digital-native remittance company focused on emerging-market corridors. It competes directly with Ria's mobile app and Xe for digital send customers, particularly in US-to-LatAm and US-to-Asia corridors.

Broad incumbents

• PayPal: PayPal operates Xoom (consumer remittances) and broader digital payments, fintech APIs, and cross-border B2B payouts. Overlaps with Ria/Xe in consumer remittance and with Dandelion/Ren in cross-border B2B infrastructure.
• Visa: Visa is a global card-network incumbent and operates Visa Direct for real-time push payments. Both partner with and compete against Euronet: Visa Direct is integrated into Dandelion while Visa's network capabilities overlap with Ren's acquiring/issuing stack.
• Mastercard: Mastercard is a global card-network incumbent that competes with Euronet in merchant acquiring and issuing, while partnering via Mastercard Send for cross-border payouts. Comparable across the Payments Infrastructure and Cross-Border Payments segments.
• FIS (Fidelity National Information Services): FIS is a large financial technology incumbent providing core banking, card issuing, and payments processing to banks globally. Overlaps with Euronet's Ren and CoreCard stacks in serving bank issuing/processing needs.
• Fiserv: Fiserv is a major financial technology incumbent offering merchant acquiring, card issuing, and core banking infrastructure. Comparable to Euronet's Payments Infrastructure and Ren/CoreCard lines at the bank/merchant level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/euronet-worldwide

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about euronet