Euronet Worldwide Inc. EEFT

Euronet Worldwide Inc. is a global technology company that provides electronic payment services, including automated teller machines, point of sale services, credit and debit card services, currency exchange, transfer and payments software, and other electronic financial services. The firm was founded in 1994 with a single ATM located in Budapest, Hungary, and is now headquartered in Leawood, Kansas. The company reaches an international customer base spread across about 170 countries.

The firm operates within three main business segments. Euronet’s epay business is mainly engaged in the sale of prepaid mobile top-up and gift card solutions and related products and services. The EFT segment focuses on electronic financial transaction processing and software, along with ATM and point of sale management services. Lastly, the firm offers a range of consumer-to-consumer money transfer options.

Euronet has made a number of high-profile acquisitions over its years in business, acquiring Piraeus Bank Merchant Solutions, epay NZ Ltd., and La Nacional, among many others. The firm has been trading on the NASDAQ since its public launch in 1997 and is listed under the stock ticker EEFT.

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